6/2/2023 0 Comments Nvda stock split 2020![]() ![]() First, although splits should logically not create equity value (remember the pizza example), it has been effective at boosting shareholder morale and investor sentiment. I believe that Amazon could benefit from a lower nominal share price for at least two reasons. But the company could change how it views stock splits, considering the upcoming CEO transition. The bursting of the bubble, starting in March 2000, put an end to Amazon’s share split run.Īmazon’s stock split history says one thing clearly: Jeff Bezos and company have not been a fan of the strategy, at least not since the post-IPO days that also coincided with market exuberance for tech stocks. One month after it, Amazon stock had climbed another 31%. September 1999, 2-for-1: during the late stages of the internet bubble, Amazon executed its last stock split.However, much of the upside in share price may have already been captured since the IPO: a 30-fold increase in less than two years, fueled in great part by the historic dot-com rally. One month after this second event, Amazon stock had declined 7%. January 1999, 3-for-1: barely half a year went by since the first split, and Amazon shares were parted in three.Within only one month of the split, Amazon stock had gained a whopping 84%. ![]() From the original IPO price of $18, AMZN had climbed to $87 as of the event date. ![]() June 1998, 2-for-1: only about one year after Amazon became a public company, its stock was split for the first time.Below is the short list of previous AMZN splits the split ratios and how share price behaved immediately following each event: The Street's Apple Maven Amazon’s split historyĪmazon is no stranger to stock splits, but the last one has not happened in a while.
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