At its peak in late July 2017, one share of Amazon (Nasdaq: AMZN) stock would set you back $1,083.31. Thankfully, CEO Jeff Bezos doesn't have to intentionally run the company into the ground for Make AMZN cheap again. Amazon has split its stock before. Three times, actually -- in 2-for-1, 3-for-1 and 2-for-1 splits. One share of Amazon in 1997 is now 12 shares of Amazon, meaning its natural price would be 12 times higher if it were never touched. I could actually see Amazon stock hit $10,000 within five years, two-and-half years sooner than I suggested last January. However, it’s got to nail at least one of these initiatives to have a Despite three splits in Amazon’s early days, the days of a stock splitting shortly after hitting $1,000 per share are mostly over. Why Amazon is reluctant to split its stock. One reason for the shift in approach is Amazon embracing the idea that allowing your stock to climb to extreme value is viewed as an elite status symbol. Should Amazon opt for a split, it wouldn't be the first for the Seattle-based internet giant. The company split its shares 2-for-1 in 1998, then 3-to-1 in January 1999 and again 2-for-1 just eight Amazon.com (AMZN) has 3 splits in our Amazon.com stock split history database. The first split for AMZN took place on June 02, 1998. This was a 2 for 1 split, meaning for each share of AMZN owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. Amazon.com (AMZN) has 3 splits in our AMZN split history database. The first split for AMZN took place on June 02, 1998. This was a 2 for 1 split, meaning for each share of AMZN owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.
1 Feb 2019 The e-commerce giant is cleared to spend up to $5 billion to repurchase shares, but hasn't bought back any stock since it spent $960 million 1 Jan 2020 It may be nice to look back at the gains of the last year, several years or And while Amazon is not a Dow stock, Jeff Bezos stock was very flat for most Any stock split announcements of the top Dow components would also
Make AMZN Stock Great Again: Time for Splitsville Make AMZN cheap again. Amazon has split its stock before. Three times, actually – in 2-for-1, 3-for-1 and 2-for-1 splits. One share of I could actually see Amazon stock hit $10,000 within five years, two-and-half years sooner than I suggested last January. However, it’s got to nail at least one of these initiatives to have a
1 Feb 2019 The e-commerce giant is cleared to spend up to $5 billion to repurchase shares, but hasn't bought back any stock since it spent $960 million
Make AMZN Stock Great Again: Time for Splitsville Make AMZN cheap again. Amazon has split its stock before. Three times, actually – in 2-for-1, 3-for-1 and 2-for-1 splits. One share of I could actually see Amazon stock hit $10,000 within five years, two-and-half years sooner than I suggested last January. However, it’s got to nail at least one of these initiatives to have a