Stock Split: AMZN Stock Begins Trading at $122

The e-commerce giant has successfully executed a 20-for-1 stock split.

Today, Amazon's (NASDAQ:AMZN) shares begins trading on a 20-for-1 split adjusted basis, 

lowering the share price below $125. Amazon has divided its shares for the fourth time in its history, 

and for the first time since 1999. Prior to today's stock split, 

Amazon's stock had dropped more than 30% this year due to dismal 

earnings. As previously stated, the stock split has no impact on Amazon's 

operations or finances. Today, we'll see if AMZN stock rallies as a result of the stock split. 

Investors who have long desired to add shares of the e-commerce 

behemoth to their portfolio can now do so at a far lower cost.

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