Amazon’s stock is splitting—not in half, but in 20 bite-sized pieces to attract the attention of retail investors and Wall Street’s index makers. It’s the first time the stock has split in more than 20 years during which the company’s share price has risen 50-fold. If approved by Amazon shareholders, the 20-to-1 stock split will drastically reduce the tech giant’s notoriously expensive share price. Read More...
Amazon’s stock is splitting—not in half, but in 20 bite-sized pieces to attract the attention of retail investors and Wall Street’s index makers. It’s the first time the stock has split in more than 20 years during which the company’s share price has risen 50-fold. If approved by Amazon shareholders, the 20-to-1 stock split will drastically reduce the tech giant’s notoriously expensive share price.
Add Comment