Could a New CEO Lead to a Stock Split at Amazon?

Barrons2021-07-27

Could a new CEO deliver a long-awaited stock split at Amazon.com? Amazon.com (ticker: AMZN), whose shares finished Monday at $3,699.82, up 1.2%, hasn’t split its stock since 1999 and now has the ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

AJR
2021-07-28
AJR
Nooo
Gaga71
2021-07-28
Gaga71
Split, is it good for the company?
- tkj:
  a split will be good to lure new investors in. current price of 3000+ is too expensive. there will be more interest if the stock split
Kencom
2021-07-28
Kencom
There is only one issue whereby the need to split - increase the purchasing ability of retail investor by making it cheaper per share & reduce thd buy back by them when the market demand drops.
vSup_puSv
2021-07-28
vSup_puSv
Like and comment
- vSup_puSv:
  Ty
- AndrewL:
  Ok
Kelvinphan
2021-07-28
Kelvinphan
Pls like
我i168
2021-07-28
我i168
Yeah go ahead, double my numbers [Cool]
- MorphyInc:
  10 for 1 , thats like Decuple or Something
- 我i168:
  Better still...[Happy]

Leave a comment

199

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1174172916?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-07-27 20:28","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1174172916","market":"us","top_or_hot":-1,"title":"Could a New CEO Lead to a Stock Split at Amazon?","media":"Barrons","content":"<div>\n<p>Could a new CEO deliver a long-awaited stock split at Amazon.com?\nAmazon.com (ticker: AMZN), whose shares finished Monday at $3,699.82, up 1.2%, hasn’t split its stock since 1999 and now has the ...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-stock-split-51627343782?mod=hp_LEADSUPP_2\">Source Link</a>\n\n</div>\n","source":"lsy1601382232898","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Could a New CEO Lead to a Stock Split at Amazon?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCould a New CEO Lead to a Stock Split at Amazon?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 20:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amazon-stock-split-51627343782?mod=hp_LEADSUPP_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Could a new CEO deliver a long-awaited stock split at Amazon.com?\nAmazon.com (ticker: AMZN), whose shares finished Monday at $3,699.82, up 1.2%, hasn’t split its stock since 1999 and now has the ...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-stock-split-51627343782?mod=hp_LEADSUPP_2\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMZN","symbol_name":"亚马逊","start_time":0,"source_url":"https://www.barrons.com/articles/amazon-stock-split-51627343782?mod=hp_LEADSUPP_2","article_id":"1174172916","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1174172916","pubTimestamp":1627388917,"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"Could a new CEO deliver a long-awaited stock split at Amazon.com?\nAmazon.com (ticker: AMZN), whose s","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AMZN":"亚马逊"},"translate_title":"新的CEO会导致亚马逊的股票分割吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMZN":0.9},"content_text":"Could a new CEO deliver a long-awaited stock split at Amazon.com?\nAmazon.com (ticker: AMZN), whose shares finished Monday at $3,699.82, up 1.2%, hasn’t split its stock since 1999 and now has the second- highest priced stock in the S&P 500 index, behind only home builder NVR (NVR) at $5,040.\nAmazon veteran Andy Jassy took over as CEO in early July from founder Jeff Bezos, who remains chairman. Bezos is the largest shareholder, with effective control of the e-commerce and cloud computing giant.\nAnother high-profile split candidate is Google parent Alphabet,whose shares as measured by its nonvoting stock (GOOG) are up 58% this year to $2,792.89. Alphabet reports second-quarter results Tuesday.\nBezos presumably wasn’t interested in splitting the shares or else it would have happened. The company reports its second-quarter results on Thursday.\nMark Mahaney, an Evercore ISI analyst, doesn’t think an Amazon or Alphabet split will happen soon, tellingBarron’sin an email that he hasn’t heard either company discuss the idea.\nMahaney is more focused on a potential dividend at Alphabet, which doesn’t pay one, and stock buybacks at Amazon, which is the only one of the big five tech companies that hasn’t repurchase shares in recent years. The other four are Apple(AAPL),Microsoft(MSFT), Alphabet, and Facebook(FB). He thinks both an Alphabet dividend and a large Amazon buyback are good bets over the next two to three years. Amazon’s net cash position, now over $40 billion, is expected to swell in the coming years.\nMany retail investors would like to see an Amazon split of at least 10 for one to make the stock more affordable. A lot of individual investors don’t have the nearly $3,700 for a single Amazon share or won’t buy Amazon because it would be too large a portion of their portfolios at its current price.Charles Schwab(SCHW) offers fractional shares of Amazon and other stocks in the S&P 500 through a product called Stock Slices but not all brokerage firms have a similar product.\nA split also can be a favorable indicator by management, a view espoused by Gary Black, a former CEO of Janus and Aegon Asset Management U.S. who has a Twitter following of more than 81,000, helped by his takes on Tesla (TSLA). Black’s view is that a split can be a bullish tell by corporate brass.\nAlphabet hasn’t split its shares since 2014, when it distributed nonvoting stock (GOOG) as a dividend to both holders of its voting stock (GOOGL) and supervoting stock, which is largely in the hands of founders Larry Page and Sergey Brin. The distribution amounted to a stock split.\nA stock split by either Amazon or Alphabet could pave the way for inclusion in the Dow Jones Industrial Average. The Dow has an old-fashioned price weighting, meaning that high-price issues dominate.UnitedHealth Group(UNH), which has the highest price among the 30 Dow components at $413.72, has the index’s largest weighting at nearly 8% according to S&P Dow Jones Indices.\nAmazon and Alphabet would overwhelm the other Dow components based on their current prices. It likely would take at least a 10-for-one split by either company to make them Dow eligible.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":803677567,"gmtCreate":1627438855559,"gmtModify":1703489974013,"author":{"id":"3586302526441005","authorId":"3586302526441005","name":"AJR","avatar":"https://static.tigerbbs.com/b94c34bb4b096724768a39341827b57a","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3586302526441005","idStr":"3586302526441005"},"htmlText":"Nooo","listText":"Nooo","text":"Nooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/803677567","repostId":1174172916,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":803633271,"gmtCreate":1627435119493,"gmtModify":1703489859734,"author":{"id":"3579082097230100","authorId":"3579082097230100","name":"Gaga71","avatar":"https://static.tigerbbs.com/02afa88b95dc30f4a60767c18f9e2f39","vip":1,"crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"3579082097230100","idStr":"3579082097230100"},"htmlText":"Split, is it good for the company?","listText":"Split, is it good for the company?","text":"Split, is it good for the company?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/803633271","repostId":1174172916,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5355464,"gmtCreate":1627452563261,"gmtModify":1663231609631,"authorId":3582020830270271,"author":{"id":3582020830270271,"idStr":"3582020830270271","authorId":3582020830270271,"name":"tkj","avatar":"https://static.tigerbbs.com/b4db3635974ce189ed8129eca6b5b618","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":803633271,"type":1,"supId":0,"prevId":0,"content":"a split will be good to lure new investors in. current price of 3000+ is too expensive. there will be more interest if the stock split","text":"a split will be good to lure new investors in. current price of 3000+ is too expensive. there will be more interest if the stock split","html":"a split will be good to lure new investors in. current price of 3000+ is too expensive. there will be more interest if the stock split"}],"langContent":"EN"},{"id":803136654,"gmtCreate":1627427522078,"gmtModify":1703489574325,"author":{"id":"4088748055325860","authorId":"4088748055325860","name":"Kencom","avatar":"https://community-static.tradeup.com/news/bcaa9548fb78e0409a2827c590935dab","vip":1,"crmLevel":7,"crmLevelSwitch":1,"authorIdStr":"4088748055325860","idStr":"4088748055325860"},"htmlText":"There is only one issue whereby the need to split -&nbsp;&nbsp;increase&nbsp;the purchasing ability of retail investor by making it cheaper per share &amp; reduce thd buy back by them when the market demand drops.","listText":"There is only one issue whereby the need to split -&nbsp;&nbsp;increase&nbsp;the purchasing ability of retail investor by making it cheaper per share &amp; reduce thd buy back by them when the market demand drops.","text":"There is only one issue whereby the need to split - increase the purchasing ability of retail investor by making it cheaper per share & reduce thd buy back by them when the market demand drops.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/803136654","repostId":1174172916,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":803372684,"gmtCreate":1627426070048,"gmtModify":1703489531173,"author":{"id":"3581550492242446","authorId":"3581550492242446","name":"vSup_puSv","avatar":"https://static.tigerbbs.com/a1150421a148787160d999c5a94bed8e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581550492242446","idStr":"3581550492242446"},"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/803372684","repostId":1174172916,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5354264,"gmtCreate":1627443242142,"gmtModify":1663231606251,"authorId":3581550492242446,"author":{"id":3581550492242446,"idStr":"3581550492242446","authorId":3581550492242446,"name":"vSup_puSv","avatar":"https://static.tigerbbs.com/a1150421a148787160d999c5a94bed8e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":803372684,"type":1,"supId":5351702,"prevId":0,"content":"Ty","text":"Ty","html":"Ty"},{"id":5351702,"gmtCreate":1627429279398,"gmtModify":1663231594032,"authorId":3571815908504020,"author":{"id":3571815908504020,"idStr":"3571815908504020","authorId":3571815908504020,"name":"AndrewL","avatar":"https://static.tigerbbs.com/f45655eaaab14f0b61c554eea4d95ca7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":803372684,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":803344709,"gmtCreate":1627425529101,"gmtModify":1703489519900,"author":{"id":"3579053062900901","authorId":"3579053062900901","name":"Kelvinphan","avatar":"https://static.tigerbbs.com/dd87884547b7d5f0157a229e9ea4e890","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3579053062900901","idStr":"3579053062900901"},"htmlText":"Pls like&nbsp;","listText":"Pls like&nbsp;","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/803344709","repostId":1174172916,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":803359671,"gmtCreate":1627424248793,"gmtModify":1703489496836,"author":{"id":"3563873670221480","authorId":"3563873670221480","name":"我i168","avatar":"https://static.tigerbbs.com/34b2d0551b5ab028c13ab35747c4df8c","vip":1,"crmLevel":4,"crmLevelSwitch":1,"authorIdStr":"3563873670221480","idStr":"3563873670221480"},"htmlText":"Yeah go ahead, double my numbers [Cool]&nbsp;","listText":"Yeah go ahead, double my numbers [Cool]&nbsp;","text":"Yeah go ahead, double my numbers [Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/803359671","repostId":1174172916,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5351759,"gmtCreate":1627429529491,"gmtModify":1663231593240,"authorId":3575256884333459,"author":{"id":3575256884333459,"idStr":"3575256884333459","authorId":3575256884333459,"name":"MorphyInc","avatar":"https://static.tigerbbs.com/8fa62407baa49ccbcbca7d374aa8a803","vip":1,"currentWearingBadge":{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1102},"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":803359671,"type":1,"supId":0,"prevId":0,"content":"10 for 1 , thats like Decuple or Something","text":"10 for 1 , thats like Decuple or Something","html":"10 for 1 , thats like Decuple or Something"},{"id":5351875,"gmtCreate":1627429978939,"gmtModify":1663231593157,"authorId":3563873670221480,"author":{"id":3563873670221480,"idStr":"3563873670221480","authorId":3563873670221480,"name":"我i168","avatar":"https://static.tigerbbs.com/34b2d0551b5ab028c13ab35747c4df8c","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"80.51%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":803359671,"type":1,"supId":0,"prevId":0,"content":"Better still...[Happy]","text":"Better still...[Happy]","html":"Better still...[Happy]"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":199,"commentSize":21,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1174172916"}