Amazon Stock Extends Gains Into 20-For-1 Split Slated For Friday

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The Street

By Martin Baccardax Amazon will split its stock in a 20-for-1 adjustment that will begin trading on June 6. Amazon (AMZN) – Get Amazon.com, Inc. Report shares moved higher Wednesday, potentially extending their recent winning streak to a sixth consecutive session, ahead of an end-of-week stock split for the world’s biggest online retailer. Amazon said shareholders approved the 20-for-1 split, which was first made public in March, in a Securities and Exchange Commission filing last Friday. Amazon said shareholders of record on May 24 will receive 19 extra shares of the group for each one held. …

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