# The Ultimate Guide to Amazon Stock (AMZN): Historical Data, News, and Insights ## Stock Overview: AMZN Amazon.com, Inc. (AMZN) is an American multinational technology company that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. AMZN stock is traded on the Nasdaq stock exchange. ## Stock Performance ### Historical Data * AMZN's initial public offering (IPO) was in 1997 at $18 per share. * In 2022, AMZN split its stock 20-for-1, resulting in a share price of around $114. * As of January 2023, AMZN stock trades at around $107 per share, with a market capitalization of over $1 trillion. ### Recent News and Events * Amazon reported strong holiday sales in Q4 2022, with revenue increasing by 9% year-over-year. * The company announced plans to lay off over 18,000 employees. * Amazon's cloud computing business, AWS, continues to grow rapidly. ### Stock Performance Analysis
- AMZN stock has outperformed the S&P 500 index over the past decade.
- The company's strong revenue growth and expanding margins have been key drivers of its stock performance.
- Analysts remain bullish on AMZN stock, citing the company's dominant market position and long-term growth prospects.
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