If You'd Bought 1 Share of Costco Wholesale at Its IPO, Here's How Many Shares You Would Own Now

Costco Wholesale (NASDAQ: COST) can be a fun place to shop. In exchange for an annual membership fee, it offers low-priced products its customers want. It can also be a fun stock. Following solid financial results this year, the stock price recently hit a new all-time high of $1,008.But let's find out how many shares an investor would have today (and what they would be worth) if the investor bought just one share when the company went public on Dec. 5, 1985.Costco went public at $10 per share. One share would have turned into six shares after its three stock splits, making its post-split IPO price $1.67. At the current share price of around $958, an IPO buy of one share would be worth roughly $5,748.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool