LVS is a well-known name in the stock market. The company has been trading on the New York Stock Exchange since 1973 and is one of the oldest publicly traded companies in the US. Over the years, the stock's price has been volatile, but investors have seen some good returns. In this article, we will take a look at the LVS stock price history since it first began trading.
1973 to 1996: Early Years of LVS Stock
LVS first began trading on the New York Stock Exchange in 1973. At the time, the stock was trading for around $15. Over the next few years, the stock price rose slowly but steadily, reaching a peak of around $25 in 1979. During the 1980s, the stock price fluctuated but generally stayed within the same range. In the early 1990s, the stock price began to drop, reaching a low of around $10 in 1996.
1997 to 2000: The Bull Market Years
The late 1990s were a golden era for the stock market, and LVS stock was no exception. The stock price began to rise in 1997, and by 2000 it had reached a high of around $45. During this period, the stock price was highly volatile, but investors who held onto their shares saw good returns.
2001 to 2007: The Dot-Com Bust
The dot-com bust of the early 2000s hit the stock market hard, and LVS was no exception. The stock price began to fall in 2001 and by 2003 it had reached a low of around $15. The stock price remained relatively low until 2007, when it began to rise again.
2008 to 2012: The Great Recession
The 2008 financial crisis caused a major downturn in the stock market, and LVS was not immune. The stock price plummeted to a low of around $5 in 2009, but it began to recover in 2010. By 2012, the stock price had risen to around $25.
2013 to 2017: The Bull Market Returns
The stock market began to rebound in 2013, and LVS stock was no exception. The stock price rose steadily throughout the year, reaching a high of around $50 in 2017. During this period, investors saw some good returns from their investments in LVS.
2018 to Present: A Volatile Market
The stock market has been volatile since 2018, and LVS stock has been no exception. The stock price has been highly volatile, fluctuating between highs of around $70 and lows of around $35. Despite the volatility, investors have seen some good returns from their investments in LVS.
Conclusion
The LVS stock price has been volatile over the years, but there have been some good returns for long-term investors. Despite the recent volatility, the stock has consistently provided investors with good returns over the long-term. As we look forward to the future, only time will tell what the next few years will bring for LVS stock.