In 1996, it was reincorporated in Delaware. Amazon issued its initial public offering of stock on May 15, 1997, trading under the NASDAQ stock exchange symbol AMZN, at a price of $18.00 per share ($1.50 after three stock splits in the late 1990s). It has grown to be the retail company with the largest market capitalization in the United States, while destroying thousands of community retail stores in the process. | In 1996, it was reincorporated in Delaware. Amazon issued its initial public offering of stock on May 15, 1997, trading under the NASDAQ stock exchange symbol AMZN, at a price of $18.00 per share ($1.50 after three stock splits in the late 1990s). It has grown to be the retail company with the largest market capitalization in the United States, while destroying thousands of community retail stores in the process. |