Jump to content

Correction: Amazon stock split is on June 3rd, not July 15th


MickinMD
 Share

Recommended Posts

I posted a couple good reasons to invest in Amazon stock (AMZN) and that it's current low price will get higher as the split date approaches.

I got it for $2936.95 on March 15th. It closed at $3225.01 (up 10%) on Friday March 19th.  The consensus of experts says it should be around $4098 in 12 months.

I had the split date wrong as July 15th.  Correct is:

"Amazon shareholders of record as of May 27 will receive 19 additional shares of stock for each share they own, with the distribution occurring on or about June 3. The stock will begin trading on a split-adjusted basis June 6."

Sorry that I didn't double-check the date and relied on one article that apparently was guessing before the official word came out.

All the data in my previous Amazon stock posts is correct except that date:

https://squarewheelscycling.com/index.php?/topic/133189-amazon-stock-to-split-20-for-1-on-july-15-2022/#comment-1242522

https://squarewheelscycling.com/index.php?/topic/133569-amazon-stock-conclusion-of-last-post/#comment-1245356

 

 

Link to comment
Share on other sites



13 hours ago, MickinMD said:

I posted a couple good reasons to invest in Amazon stock (AMZN) and that it's current low price will get higher as the split date approaches.

I got it for $2936.95 on March 15th. It closed at $3225.01 (up 10%) on Friday March 19th.  The consensus of experts says it should be around $4098 in 12 months.

I had the split date wrong as July 15th.  Correct is:

"Amazon shareholders of record as of May 27 will receive 19 additional shares of stock for each share they own, with the distribution occurring on or about June 3. The stock will begin trading on a split-adjusted basis June 6."

Sorry that I didn't double-check the date and relied on one article that apparently was guessing before the official word came out.

All the data in my previous Amazon stock posts is correct except that date:

https://squarewheelscycling.com/index.php?/topic/133189-amazon-stock-to-split-20-for-1-on-july-15-2022/#comment-1242522

https://squarewheelscycling.com/index.php?/topic/133569-amazon-stock-conclusion-of-last-post/#comment-1245356

 

 

Judging from cost just buy 1-3 stocks..seems wierd.  Remember,  Amazon just bought MGM and their whole online catalog of thousands of movies.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...