Company Of The Day: Amazon

+60.86%
Upside
114
Market
183
Trefis
AMZN: Amazon logo
AMZN
Amazon

What?

Amazon (NASDAQ:AMZN) announced a 20-for-1 stock split on Wednesday, its first split since 1999. Trading based on the new share price will start on June 6.

Why?

Relevant Articles
  1. Forecast Of The Day: Amazon’s International Revenue
  2. Amazon Stock Missed The Earnings Consensus In Q1, Is It A Buy?
  3. Will Amazon’s Stock Rise After Buyback And Stock Split Announcement?
  4. Forecast Of The Day: Amazon Web Services Revenue
  5. Forecast Of The Day: Amazon North America Revenues
  6. Forecast Of The Day: Amazon International Revenues

Amazon currently trades at close to $2,800 per share, and a split could help to make the stock more accessible to retail investors.

So What?

Amazon stock rallied by almost 7% in after-hours trading on Wednesday.

See Our Complete Analysis For Amazon

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.

 Returns Mar 2022
MTD [1]
2022
YTD [1]
2017-22
Total [2]
 AMZN Return -9% -16% 271%
 S&P 500 Return -2% -10% 91%
 Trefis MS Portfolio Return -3% -13% 244%

[1] Month-to-date and year-to-date as of 3/10/2022
[2] Cumulative total returns since the end of 2016

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