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 ever going to split?
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 split?
The company’s stock split three times—two two-for-one splits in 1998 and 1999, and a three-for-one split in 1999.
Why is Amazon stock not splitting?
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 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.