Company / Analytics

Analytics, 11 March 2022

What Investor should know about Amazon Stock Split

Tech giant Amazon unveiled plans to split its stock on Wednesday, only a month after Google parent Alphabet said it would do its own 20-for-1 split. The announcement sent Amazon shares up more than 6% in intraday trading Thursday, to more than $2,900 each

Amazon is the latest tech giant to announce it will split its shares, following Apple, Tesla, and Google.

Stock splits usually happen when the price of a company’s shares has gotten very high. In a stock split, a company divides up its shares to lower their price and increase the overall number of shares available. Even though stock splits are mostly superficial and don’t change anything about the company, they can make shares more appealing to investors.

What to know about Amazon’s Stock Split

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