Amazon's stock is about to get much, much cheaper
CNN
Amazon shares are about to get 20 times less expensive.
The company announced Wednesday its board approved a 20-for-1 stock split, its first split since 1999. If approved by shareholders in May, the split will go into effect June 6.
Amazon closed Wednesday at $2,785 per share. If the stock split were to happen today, Amazon's stock would be worth $139 a share.
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