2022 has been a tough year for the stock market, but it's been a good year for those who like to see stock splits. Some of the biggest names in the market have moved forward with splitting their shares even after having held out for years. Tech giant Alphabet and rising Canadian e-commerce star Shopify both decided to do stock splits to bring their share prices more within reach of average investors in recent months. Meme stocks like GameStop also joined the stock-split bandwagon, and Tesla is slated to complete a 3-for-1 stock split this week.

Arguably the biggest stock split of the year, however, belongs to Amazon.com (NASDAQ: AMZN). The provider of e-commerce and cloud computing services had been a long holdout in choosing not to do a stock split even as its share price rocketed into quadruple digits. The announcement of its 20-for-1 stock split ignited a lot of excitement about the company's future prospects. It also provided an immediate boost to the share price.

Now that the Amazon stock split is history, however, it's useful to look back and see whether all the hype was warranted. In the end, the lesson for Amazon shareholders is that the split won't have any lasting impact on the business or the stock.

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Source Fool.com