Will AMAZON STOCK SPLIT IN 2021? SPLIT RUMORS
Автор: Carter Farr
Загружено: 2021-04-27
Просмотров: 3849
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USE CODE "YOUTUBE" FOR 20% OFF In today's video, we are looking at AMZN Stock! Over the past week, we have been hearing rumors of this stock split! I hope you enjoy the video! PLease like and subscribe to the channel!
PROS and CONS of the Stock Split
1) Lower price
2) Joining the DOW Jones
There's no denying that Amazon is worthy of induction into the inner circle of the Dow 30. However, as an archaic price-weighted index, the high $3,400 price tag makes joining impossible. The Dow is determined by multiplying every stock price by a common divisor, and the sum of the prices of the 30 stocks in the Dow Jones Industrial Average was $5,164 as of Monday's close. Amazon would be 40% of the Dow -- and that's not happening.
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