Shares of Amazon (NASDAQ: AMZN) were climbing today after the tech giant surprised the market with a 20-for-1 stock split and announced a $10 billion share-repurchase authorization. Amazon's shares are now trading near $3,000. The company had not done a stock split since 1999, before the dot-com crash. Read More...
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Amazon Makes Its Case to Join the Dow
The stock market continued to suffer declines on Thursday, and as we’ve seen many times in the recent past, the Nasdaq Composite (NASDAQINDEX: ^IXIC) proved to be more volatile than most other stock market indexes. As of noon ET today, the Nasdaq was down 247 points, or nearly 1.9%, to stay just over the 13,000 mark. Gaining ground today, though, was Amazon (NASDAQ: AMZN).
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