Intro
Amazon (stock symbol: AMZN) is a US technology company, one of the largest and most valuable corporations in the world, and thus a favorite among investors.
In this article, we'll provide an in-depth look at what you need to know about Amazon shares in case you want to invest in the company. We'll cover some basics about Amazon shares, including how many shares there are and where you can buy Amazon shares.
THE ESSENCE
- Amazon shares are traded on the NASDAQ stock exchange, under the ticker symbol AMZN
- There are about 10.2 billion outstanding shares of Amazon
- You can buy Amazon shares at any major brokerage that gives you access to the US stock market
Amazon shares
What should you know about Amazon shares?
Amazon has been a publicly traded company since 1997, which means its shares can be bought and sold on the stock market. Amazon shares are traded on the US stock exchange called NASDAQ, under the ticker symbol AMZN.
The stock price of a company is determined by a range of factors, including its financial performance, industry trends and investor sentiment. See the chart above for the latest share price of Amazon, as well as historical data about how its share price changed since being on the stock market.
Company history
Amazon is a US technology company based in Seattle, Washington that focuses on e-commerce, cloud computing, digital streaming and artificial intelligence. It was founded in 1994 by Jeff Bezos as an online bookstore, but expanded its operations after going public in 1997 to include a wide range of products, quickly becoming one of the world's largest online retailers.
Amazon today is also a leader in cloud computing and is known for electronic devices such as the Kindle, an e-reader, and the Echo smart speaker. Nevertheless, in reaction to an economic downturn, the company said in early 2023 it would lay off around 18,000 people in order to remain competitive.
Amazon shares
How many shares of Amazon are there?
As of January 2023, the number of outstanding shares of Amazon is approximately 10.2 billion. However, it is important to note that this number can change over time as a result of stock splits, stock buybacks, or issuing new shares.
Amazon stock's free float, which indicates the number of shares available for trading by the public, was approximately 9.19 billion shares as of January 2023. This is calculated by taking the number of outstanding shares and deducting any restricted stock, such as shares held by company insiders, which may not be publicly traded.
You can find the exact number of Amazon shares by searching for Amazon's ticker symbol (AMZN) on a financial website or by checking the company's latest filings with the US Securities and Exchange Commission (SEC).
Amazon shares
Where can I find news about Amazon shares?
It's important to do your research into Amazon and take into account your own investment goals and risk tolerance before buying Amazon shares.
Therefore, it's also a good idea to stay up to date on the latest news and financial reports related to Amazon in order to make informed decisions about buying or selling Amazon shares.
Here are some trustworthy news sources you can use to research Amazon stocks:
You should also find main highlights from Amazon filings and related news on your brokerage firm's website or trading platform.
Amazon shares
At which brokers can you buy Amazon shares?
You can buy Amazon shares at any online brokerage that provides access to US stock markets. As US stock exchanges, like the NASDAQ where Amazon is traded, are by far the most popular global trading venues, you should have no trouble finding a broker that fits your needs.
Some examples of major online brokerage firms that offer the ability to buy and sell Amazon shares are Interactive Brokers , TD Ameritrade , E*TRADE , Charles Schwab , Fidelity and Robinhood .
How to find the right broker to buy Amazon shares
Our BrokerChooser experts have painstakingly analyzed over 100 global brokerages, to save you many hours of research. Just use our Find My Broker tool to easily find a broker that is available in your country which offers US stock trading and where you can thus buy Amazon shares.
It's important to note that different brokerage firms may have different fees and requirements for buying and selling shares. It's a good idea to compare the fees, features, and investment options offered by different brokerage firms before opening an account. Use our Compare Brokers tool to see how various brokerage fees stack up against each other, or head over to our Brokerage Fee Calculator to see where it is cheapest to buy Amazon shares.
How to buy your first Amazon share
If this is your first stock trade ever, use our dedicated step-by-step guide to make the process of buying Amazon shares smooth and easy. We'll help you buy your first stock on your own in no time!
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