Why The Amazon Stock Split Kind Of Doesn't Matter, AMZN Stock News

Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It sells merchandise and content purchased for resale from third-party sellers through physical and online stores. The company also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Rings, and Echo and other devices; provides Kindle Direct Publishing, an online service that allows independent authors and publishers to make their books available in the Kindle Store; and develops and produces media content. In addition, it offers programs that enable sellers to sell their products on its websites, as well as its stores; and programs that allow authors, musicians, filmmakers, Twitch streamers, skill and app developers, and others to publish and sell content. Further, the company provides compute, storage, database, analytics, machine learning, and other services, as well as fulfillment, advertising, publishing, and digital content subscriptions. Additionally, it offers Amazon Prime, a membership program, which provides free shipping of various items; access to streaming of movies and series; and other services. The company serves consumers, sellers, developers, enterprises, and content creators. Amazon.com, Inc. was incorporated in 1994 and is headquartered in Seattle, Washington.

Amazon's stock is about to get much, much cheaper
David Goldman byline
New York (CNN Business)Amazon shares are about to get 20 times less expensive.

The company announced Wednesday its board approved a 20-for-1 stock split, its first split since 1999. If approved by shareholders in May, the split will go into effect June 6.
Amazon closed Wednesday at $2,785 per share. If the stock split were to happen today, Amazon's stock would be worth $139 a share.
Don't worry, Amazon stockholders (which is pretty much everyone with a retirement account, these days) -- your stakes will still be worth the same. You'll be holding 20 times more shares when all is said and done.
--CNN

Amazon stock split: Will the tech giant join the Dow Jones Industrial Average?
Amazon's (AMZN) big stock split could pave the way for entrance into the 30-member exclusive club known as the Dow Jones Industrial Average.

"We expect that the stock split should increase the accessibility of shares to a broader array of potential investors, and note that the split should allow for potential inclusion of Amazon shares in the Dow Jones Industrial Average," said Wells Fargo analyst Brian Fitzgerald.

Shares of the e-commerce giant rose 5% in pre-market trading on Thursday on the heels of a 20-for-1 stock split announcement. The company also revealed a massive $10 billion stock buyback plan.

Amazon surges as stock split, buyback excite investors
Amazon.com said its board approved a 20-for-1 split of the company's common stock and authorized a $10 billion buyback plan, sending shares up 5% on Thursday. This report produced by Chris Dignam. REUTERS

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