The Amazon stock split will take place on June 3, 2022, with shares trading on a split-adjusted basis starting on June 6, 2022. That split will see the company splitting a single share of its stock down to 20 shares.
The goal of a stock split is typically to make a company’s stock easier to acquire by investors. Considering the nearly $3,000 price per share for AMZN stock, today’s split news makes sense. This would have its shares trading for closer to $150 each, based on today’s trading price.
