When it rains, it pours. Amazon.com (NASDAQ: AMZN) just announced a 20-for-1 stock split, just one month after Alphabet 's (NASDAQ: GOOG) (NASDAQ: GOOGL) 20-for-1 split . If this move came as a surprise, I'm afraid you haven't been paying attention. Personally, I've been expecting Amazon to split its skyrocketing stock since the summer of 2020 .
All that being said, Amazon could very well have waited a few more years before pulling the trigger on a splashy stock split. You see, it's just an exercise in mathematics that really doesn't make a difference to most investors. Here's why.
The e-commerce and cloud computing giant's chronicle of earlier stock splits is fairly short, and you have to go back a long way to find the most recent instance:
For further details see:
Here's Why Amazon's Stock Split Isn't a Big Deal