Amazon stock will get much, much cheaper

Amazon's Share

Kabar Medsos – 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.…

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