KQED Nightly Business Report May 31, 2017
Mark for the first time today. Its an impressive feat that only four other u. S. Listed companies share. That puts amazons market value as roughly 470 billion, about double that of walmart. Its more than 15 times the size of target. After hitting 1,000 a share, the stock pulled back just a bit, closing just shy of that mark at 996 a share. But it was enough to put amazons Ceo Jeff Bezos within striking distance of topping bill gates wealth to become the worlds richest man. Tonight, a look at how amazon got to where it is today. Reporter may 15, 1997. Amazon debuts on wall street. Shares were p...