Highest Stock Prices In History
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Stock prices are influenced by different factors like earnings, demand and supply, and analyst recommendations. Also, the overall market movements are crucial. One thing to remember is that a high share price doesn’t necessarily reflect quality; demand from investors can artificially inflate prices or they may remain high because of no share splits.
Some shares have gone overboard in terms of pricing such that only fractional trading would make them accessible for most ordinary investors. This post will examine the ten most expensive stock prices ever, and what we can learn from their astonishing values.
General Motors ($697.00)
General Motors (GM) is presently trading at $56 though its shares had once reached above $700. The car manufacturer was the world’s largest from 1931-2008 when it was outpaced by Toyota. Shares of GM reached an all-time high of $697 in September 1916, making it the highest-priced stock at that time. It went below $1 after going bankrupt during Great Recession in 2008-2009 in May 2009 where you could find it today. It has come back up but is still far away from its historical peak.
Apple ($702.10)
Apple is currently the world’s largest technology company with a market capitalization exceeding $2 trillion. Since its initial public offering in December 1980, Apple founded by Steve Jobs in the 1970s has attained several important milestones for its stocks .The company has done five divisions of which the latest one occurred on August this year as a result giving four common stocks for each existing one .Nevertheless due to these splits ,in September2012 ,it attained its zenith at $70210 following extraordinary quarterly gains . Right now Apple is valued around $135 per share but given its popularity it may soon be overbought .
Calumet and Hecla ($1000)
During 1907, Calumet and Hecla which was formerly the biggest copper producer in Michigan and had a stock that sold at $1,000 to indicate the level of success it had achieved in Michigan’s copper production. This company paid out dividends worth $72 million from 1900-1920 but it fell from its grace when copper boom ended and eventually shut down its mines in 1970.
Chipotle Mexican Grill ($1,550)
Chipotle is known for providing organic Mexican dishes and it operates over 2,500 restaurants worldwide. Since going public in 2006, this company’s share price has gone up by approximately thirty four-fold ending up at $1550. Chipotle is now doing above $1470 per share ,and this has been so because they have never split their stock thus causing a higher price per share.
Alphabet/Google ($2,386)
Alphabet, Google’s parent organization, has demonstrated an impressive performance since being listed with shares increasing from around two thousand dollars initially to over twenty three eighty six percent of growth . However there is only one split ever done in 2014 but Alphabet continues to evolve into other sectors including autonomous cars as well as cloud services.
Amazon ($3,465)
At $3,465 per share Amazon’s stocks are considered to be very expensive for many retail investors out there. The pandemic contributed greatly towards enlarging its expansion making it become the largest online retailer ever. Although Amazon has made three stock splits since IPO-ing in 1997 ,it hasn’t done any further ones for more than twenty years now.
Seaboard ($3,605)
In fact Seaboard Foods’ shares went all the way up to $4650 in 2019.The price remains high even after recent declines at nearly 3700 dollars a piece however . A big US grain merchant famous for Butterball chickens is Seaboard.
NVR (5,089)
NVR is rarely mentioned however it is a prosperous home builder operating various brands. Just after the pandemic induced crash, its stock has just hit $5089 for the very first time. High numbers of outstanding shares along with no share splits have contributed to this high pe.
Lindt and Sprüngli ($92,800)
Lindt & Sprüngli SA Company is a Swiss chocolatier that trades at about $100k per share which makes it one of the most expensive stocks in the world. The company was established in 1836 and produces high quality chocolates without ever having to divide its stock.
Berkshire Hathaway ($422, 724)
Berkshire Hathaway, owned by Warren Buffet has class A shares that go for 422,724 dollars a piece making them some of the most expensive equities on sale today with many investors going through great lengths to own one such share. Geico Apple Coca Cola are among a number of prominent firms in which Berkshire holds significant investments. However Buffett’s companies are not split but Class ‘B’ shares can be purchased at around $275 despite their high prices since they are easier to buy than Class ‘A’.
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