If You Invested $1,000 in American Express’s IPO, This Is How Much Money You'd Have Now
There's something special about investing in an initial public offering (IPO). It's many investors' first opportunity to buy a piece of the real live business in hopes that it will grow into something much bigger over time. Those investment hopes were certainly fulfilled for early investors of American Express (NYSE: AXP).
This is more than just a bunch of cold numbers on a page. Beyond them is a warm campfire story, full of actionable lessons for today's investor. Here's a little exploration into just how much a $1,000 investment in AmEx's IPO would be worth today.
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Source Fool.com
