Amazon stock split

NEW YORK: Stock splits are becoming fashionable for megacap U.S. companies. Amazon unveiled a 20-for-1 stock split late on Wednesday, only weeks after megacap peer Alphabet did the same. Other companies that have split their shares since…

Shares of Amazon.com Inc jumped over 5% after the e-commerce giant's share split and buyback moves stand to draw more investors to a stock whose recent performance has been lackluster despite skyrocketing since going public 25 years ago.…

Amazon.com Inc said on Wednesday its board approved a 20-for-1 split of the e-commerce giant's common stock and authorized a $10 billion buyback plan, sending the company's shares up 7% in extended trading. This is the first stock split by…