Should I wait until the stock splits to buy Amazon?

If you're bullish on Amazon, there's no reason to wait to buy shares. That is, of course, unless your personal financial situation makes it difficult to spend roughly $3,000 per share and your brokerage doesn't offer fractional shares. If that's the case, the upcoming stock split will provide the opportunity you've been waiting for.

Did Amazon announce a stock split?

The move comes about eight years after Alphabet last split its stock. Amazon followed suit on, announcing on March 9 that its board has approved a 20-for-1 stock split, its first since the dot-com boom in 1999 and its fourth since it went public in 1997.

How many stock splits has Amazon had?

Amazon.com (AMZN) has 3 splits in our Amazon.com stock split history database. The first split for AMZN took place on June 02, 1998. This was a 2 for 1 split, meaning for each share of AMZN owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.

When is Amazon splitting stock?

The stock has a market cap of $1.17 trillion, a P/E ratio of 55.41, a PEG ratio of 3.55 and a beta of 1.23. Shares of Amazon.com are set to split on Monday, June 6th. The 20-1 split was announced on Wednesday, March 9th. The newly issued shares will be issued to shareholders after the closing bell on Friday, June 3rd.