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Amazon Stock Split: What Investors Should Know

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Amazon Stock Split: What Investors Should Know

Amazon (NASDAQ: AMZN) stock jumped 5.4% on Thursday following the e-commerce and tech giant's filing on the prior afternoon with the U.S. Securities and Exchange Commission (SEC) stating its intention to split its stock 20-for-1.

For context, the market was down on Thursday, with the S&P 500 and Nasdaq Composite declining 0.4% and 1%, respectively.

Here's what investors should know.

Source Fool.com

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