(NASDAQ:AMZN) is ready to split their shares on June 3rd, 2022. Amazon’s stock prices have risen about 16% in the week leading up to the split. Even if you know nothing about the intricacies of how a split works, this feels significant. Any bit of news Jeff Bezos is attached to these days feels like it should be common knowledge. So, what do you, and the man with hundreds of billions of dollars stand to gain (or lose) from the split?
Whether you own already or buy as soon as you read this article, you won’t lose anything from the split. How a split works, is the company divides its existing stock into multiple shares to boost liquidity. An added benefit is that the new, lower price will now be more attractive to buyers. The total dollar value of the shares remains the same.
