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Amazon Stock Split: The Real Reason It Matters

Investors cheered Thursday when Amazon (NASDAQ: AMZN) announced a 20-for-1 stock split. Investors had long wondered whether Amazon, whose share price is currently around $3,000, would finally split its stock, especially after high-profile tech stocks like Apple, Tesla, and Alphabet all did the same. Amazon had not done a stock split since 1999, in the heady days of the dot-com boom. Read More...

Investors cheered Thursday when Amazon (NASDAQ: AMZN) announced a 20-for-1 stock split. Investors had long wondered whether Amazon, whose share price is currently around $3,000, would finally split its stock, especially after high-profile tech stocks like Apple, Tesla, and Alphabet all did the same. Amazon had not done a stock split since 1999, in the heady days of the dot-com boom.

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