Amazon – AMZN
Amazon once split its stock regularly, doing so three times in a 15-month span in 1998 and 1999.
Asked in 2017 whether he’d consider a stock split now, Amazon CEO Jeff Bezos did not rule it out but did not indicate another split was imminent.
Is Amazon going to split its stock?
The long pause. Yet throughout the rise that eventually sent the tech giant toward a $1 trillion market cap, Amazon has never done another split. Even a brief move in the share price above $2,000 during 2018 didn’t prompt a move. CEO Jeff Bezos has historically shown no real interest in doing further stock splits.
Will Amazon stock split anytime soon?
Amazon Does the Splits
Amazon’s stock split three times in quick succession: once in 1998 and twice in 1999. The next one came just a few months later, a 3-for-1 stock split in early January 1999. That would mean that the if you sold no shares, you would now own (10×3) 30 shares.
Why has 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.
Is Amazon stock a buy?
Yes, Amazon stock is a buy, but
However, there are two caveats: Only investors who are long-term focused should consider buying shares. Investors should build their full position by dollar-cost averaging — investing the same dollar amount at some set time interval, such as quarterly.