Here's Why Amazon's Stock Split Isn't a Big Deal
When it rains, it pours. Amazon.com (NASDAQ: AMZN) just announced a 20-for-1 stock split, just one month after Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) 20-for-1 split. If this move came as a surprise, I'm afraid you haven't been paying attention. Personally, I've been expecting Amazon to split its skyrocketing stock since the summer of 2020.
All that being said, Amazon could very well have waited a few more years before pulling the trigger on a splashy stock split. You see, it's just an exercise in mathematics that really doesn't make a difference to most investors. Here's why.
The e-commerce and cloud computing giant's chronicle of earlier stock splits is fairly short, and you have to go back a long way to find the most recent instance:
Source Fool.com