Amazon-AMZN, had a wild day on Friday Feb-4-2022, right after it announced its 2021’s fourth quarter earnings report. Amazon’s stock price increased by 13.5%, a whopping from $2,776 to $3,106 after the market closed. Remember, just the day before after Facebook/Meta’s stock plummeted to a new low.
Amazon’s stock history since its IPO
First let us look at the chart showing the history of Amazon’s stock price since it went IPO to get a sense of highs and lows of Amazon’s stock performance. The year 2021 has been difficult for Amazon stock price with no significant growth. Since the beginning of this year 2022 Amazon’s stock has been dropping precipitously.
10 Biggest Gains of Amazon Stock Price in the last 10 years
Here is the look at the 10 biggest gains of Amazon’s stock price. The single day increase of close to 14% is the fourth highest single day gain since 2012. The biggest one day gain of about 15.7% was in 2017 April.
Although the 13.5% percent gain stood at fourth place in the last 10 years, this is the “largest-ever one-day gain in market value for a U.S. company” Amazon’s market cap value increased by $191 billion, beating the previous record of Apple’s record gain of about $181 billion just last week.