![]() ![]() That’s a much lower price from where it closed before the split. ![]() Currently, AMZN stock trades at just under 125 per share. That split will see the company splitting a single share of its stock. Last Friday, Amazon (NASDAQ: AMZN) enacted its 20-for-1 stock split. There also seems to be something psychologically easier to invest in lower-priced shares than higher-priced ones.Īs things stand, shares of Amazon in the pre-market session are sitting at $2,463.50, up 1.23%, at the time of writing.ĭisclaimer : The content on this site should not be considered investment advice. The Amazon stock split will take place on June 3, 2022, with shares trading on a split-adjusted basis starting on June 6, 2022. In summary, stock splits can benefit small retail investors who are not content with owning fractional shares of a company they feel strongly about. ![]() daily package volumes missed its forecast by about 222,000 packages. That percentage will fall under 11 by the end of 2022 as UPS continues to cull lower-margin Amazon shipments from its system. Consequently, the market makers and the post-split performance of the company will decide whether this speculative notion of inclusion in the Dow is realized or not. UPS has publicly said that Amazon accounts for about 11 of its annual revenue of 102 billion. In essence, adding AMZN shares to the Dow at these price levels would give it too much leeway on the index itself, but with the split, it could fit in nicely. For instance, the index is weighted according to price, so moves by highly-priced stocks would move the index more than a low-priced stock. Stock splits do not change the underlying value of a business, but they do make shares more affordable for investors. According to its own information, Amazon, as the market leader in Internet trade, has the world's largest selection of books, CDs and videos. ![]() Yet, a possible advantage to Amazon’s stock split is that it could then be a good candidate for addition to the Dow Jones Industrial Average index. is an American online retailer with a wide range of products. ![]()
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