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Why It's Not Too Late to Buy Amazon After the Stock Split

TheMotleyFool

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Why It's Not Too Late to Buy Amazon After the Stock Split

After months of anticipation, Amazon.com (NASDAQ: AMZN) conducted a 20-for-1 stock split that went into effect on Monday. Last week, shares of the internet giant traded for $2,400. Amazon stock is now available for below $130 per share.

Anyone hoping for a big bounce after the stock split was disappointed. Amazon's shares moved a little higher on Monday -- but not by much. It's definitely not too late to buy Amazon stock. Here's why.

Image source: Getty Images.

Source Fool.com

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