Tag Archives: June 6

Amazon (AMZN) NOW SPLIT Will Start Trading Monday, June 6, 2022, At New Price Of $122 — $123.

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by Anura Guruge
on June 3, 2022

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Click to ENLARGE & study. Base graph from ‘MarketWatch.com‘ (with thanks).
Click to ENLARGE & study. The SPLIT is DONE. DONE!

It is DONE. Done. Price can’t change. The final close on Friday, June 3, 2022, was somewhere in the $2,447 to $2,451 range.

20-to-1 split. So, you get 19 additional shares for each one you own, BUT the price goes down by 1/20th. Hence, the $122/$123 price.

That is pretty attractive. You can now own a 100 AMZNs for $12,000. That is a bargain.

We will see MAJOR down says. Interest rates hikes are far from done. So, AMZN will still take some major knocks. But, by this time next year it should be close to $180. Mark my word.

Those of us who own AMZN should see the post-split shares in our accounts on Saturday, June 4, 2022.

Amazon (AMZN) 20-to-1 Stock Split: Only The LAST STEP, i.e., Actual Split Left.

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by Anura Guruge
on May 27, 2022

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Click to ENLARGE & study.
Click to ENLARGE. Base chart from ‘marketwatch.com‘ (of course).

Compared to other high profile stock splits, Amazon’s much anticipated 2022 split, so far, has been very muted & insipid. It went up a fair amount since the split was formally approved on Wednesday, but not by that much.

So, two of the lead-up steps to the split, i.e., the approval & the NOMINAL ex-split day (i.e., May 27) are NOW history. Only June 3 stands between the old shares & the split ones. The split will take place, after the markets close, on Friday, June 3, 2022. The split shares will start trading when the markets open on June 6, 2022.

To add a bit more spice, Monday, May 30, is a holiday, Memorial Day. So, there is only 4 days left of trading prior to the split.

Despite my admonitions many will continue to believe that it is now TOO LATE to buy AMZN stock that is going to get split. That is NOT true. You can keep on buying them till 4pm (Eastern) on Friday, June 3.

Amazon (AMZN) Shareholders APPROVE 20-to-1 Stock Split; So It Is ‘Go-Go-Go’, May 27, June 3 & June 6.

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by Anura Guruge
on May 25, 2022

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Click to ENLARGE & read here. Here is the link to the ‘GeekWire‘ original.
Click to ENLARGE. So, May 25 HURDLE is cleared. Split approved.

Well, at today’s Amazon Annual Meeting the shareholders FORMALLY voted in favor of the 20-to-1 stock split. That was expected. We had cast our vote — as ‘YES’ (by proxy) a few weeks ago.

So, the VOTE is out of the way.

Now it is GO-GO-GO & it is a very fast & compressed schedule.

AMZN stocks will split, after trading, on Friday, June 3, 2022. That is the GOLDEN DAY. You can continue to buy pre-split AMZN shares until 4pm (Eastern) that Friday. That is a given.

The split shares will appear in accounts as of Saturday, June 4, 2022. Same as option expirations. They expire on Friday & you see the expirations on the Saturday.

The split shares will start TRADING Monday, June 6, 2022 at 9:30am (Eastern).

So, that is it.

AMZN went up, a bit, today. Will most likely go up on Thursday & Friday too.