P cad price5/22/2023 ![]() The stock suffered a 94% drop after the $106.69 high in December 1999, crashing to a low of $5.97 in January 2001. Amazon stock first broke $100 dollars in 1999 but after the the tech bubble burst the stock price did not reach triple figures again until 10 years later. There was one more stock split for Amazon stock that year, as 2-1 stock split on September 2nd.Īlthough Amazon is a juggernaut of a stock now. Amazon’s next stock split was a 3-1 split on January 5th, 1999. When it comes to Amazon’s stock split history, the first stock split occurred on the 2nd of June 1998. Taking the split-adjusted close of $1.96, the stock price has multiplied almost 500 times since. On IPO day the stock price rose and closed at $23.50 putting the company at a value of $560 million. Amazon IPO’d on May 15, 1997, trading on the NASDAQ under the symbol of AMZN at a price of $18 a share.
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