If you had invested $1,000 during Amazon’s IPO in May 1997, your investment would be worth $1,341,000 as of August 31, according to CNBC

Amazon is not only crushing the competition from other grocery stores; it continues to reign supreme in retail as well. Since its IPO in May 1997, Amazon has gained over 134,000 percent, far surpassing other competitors. Helping Amazon’s rise, of course, is the fact that the S&P has been up 246 percent since the online retailer’s first trading day.Read more

Source : CNBC