Is Amazon going to split its stock?
At the end of July 2018, Amazon was trading at $1,817.
That’s nearly 40 times the price for a share of Coca-Cola.
The price for shares of the major online retailer has nearly doubled in the last year.
Amazon once split its stock regularly, doing so three times in a 15-month span in 1998 and 1999.
Why does Amazon stock not split?
For this reason, only one reason exists to split this stock — a move into the Dow Jones Index. The Dow exists as a weighted index. Hence, Amazon at its current price would wield a disproportionate influence on the gauge. The only way Amazon will move onto that index is through a stock split.
How many times has Amazon stock split?
Amazon Does the Splits
Amazon’s stock split three times in quick succession. The first split was announced in June 1998. For its first stock split, Amazon offered two shares for every one share held. That means your hypothetical original investment of $100 in the IPO would have gone from five to 10 shares.
What stocks are about to split?
Upcoming Stock Splits
|CYCC Cyclacel Pharmaceuticals||4/14/2020||1-20|
|ENT Global Eagle Entertainment||4/15/2020||1-25|
|UCO ProShares Ultra Bloomberg Crude Oil||4/20/2020||1-25|
|BOIL ProShares Ultra Bloomberg Natural Gas||4/20/2020||1-10|
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