Last Week, Amazon Stock Was $2,440. Today, Almost Everyone Can Afford It

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4 weeks ago
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Last Week, Amazon Stock Was $2,440. Today, Almost Everyone Can Afford It

Published Monday 6 June 2022

Click here to read the full article. Everyone enjoys buying things on Amazon; now, everyone can buy Amazon. The online retailer executed a 20-for-1 stock split on Friday, bringing the per-share price down from $2,440 at the end of last week to an opening bell price of $125 on Monday, the first day of trading on an adjusted basis. Previously existing shareholders received an extra 19 shares (so, 20 total) for each one they owned prior to the split. In March, Amazon’s board of directors approved the split and a new $10 billion buyback plan, upped from a prior plan for $5...

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This article was originally published by IndieWire and was recommended by Stocks48.com a couple of days later due to its popularity. It has gotten a lot of attention and 202 comments have been submitted since it was published in June of 2022. The article "Last Week, Amazon Stock Was $2,440. Today, Almost Everyone Can Afford It" is a news post and categorized as Stocks by stocks48.com and the main topics includes Amazon, Amazon Stock, Amazon Web Services, AWS, Disney, Economy, Imdb Tv, Jeff Bezos, Jerrod Carmichael, Markets, Netflix, Rosamund Pike, Stocks & Twitter.

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