Amazon shares hit a high of $2,185.10 during intraday trading on Feb.
The company’s stock split three times—two two-for-one splits in 1998 and 1999, and a three-for-one split in 1999.
Will Amazon stock ever split again?
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.
How many times has Amazon stock split since 1997?
Though few may remember, AMZN stock split three times in its early days. The shares rose quickly following its 1997 IPO. Believing lower-priced stocks would see better liquidity, Jeff Bezos didn’t hesitate to split the stock. Amazon stock touched $100 per share in early 1998 and the shares split 2:1 the following June.
When did Amazon have stock splits?
Amazon’s stock-split history
In fact, it split its shares three times in the late ’90s: June 2, 1998: 2-for-1. Jan. 5, 1999: 3-for-1.
How many stock splits does Amazon have?
Is Amazon stock a good buy?
The IBD Stock Checkup Tool shows that Amazon stock currently has a strong IBD Composite Rating of 99 out of a best-possible 99. The rating means Amazon stock currently outperforms 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria.
Is Amazon a good investment 2019?
Here’s why you should buy Amazon stock now. Shares of e-commerce and cloud services giant Amazon.com (AMZN) are up another 24% so far in 2019. While it isn’t the blowout performance of years past, Amazon shares are once again outperforming the overall market and are now up a staggering 2,220% in the past decade.