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Stock Split: Amazon's first since 1999
Amazon's board approves 20-1 stock split - AMZN soars
The 20-1 stock split goes into effect today, June 6.
Amazon on Wednesday said its board of directors has approved a 20-for-1 stock split, its first since 1999 and the fourth since Amazon's IPO in 1997.
AMZN has announced that it will split its shares 20-1, and the market has reacted positively to that announcement. In this report, we'll show why stock splits matter.
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