by Anura Guruge
on June 3, 2022

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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.