Amazon stock split speculation sends shares higher

Apr. 26, 2021 3:31 PM, Inc. (AMZN)AMZNBy: Brandy Betz, SA News Editor296 Comments
  • Fox Business’s Charles Gasparino tweets that an Amazon (AMZN +2.1%) stock split is likely in 2021 and could come as early as Thursday when the e-commerce giant reports earnings, according to unspecified trader sources.
  • Gasparino said the move would push Jeff Bezos ahead of Elon Musk as the world's richest person and allow Amazon to join the Dow.
  • In followup tweets, the reporter notes that the stock split speculation has been going on for over a year and that he was surprised by the stock's movement after his initial tweet, believing the news was already baked into the price.

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