Amazon shares rise 5% in initial surge after first stock split in more than two decades (Todd Bishop/GeekWire)

Todd Bishop / GeekWire
Amazon shares rise 5% in initial surge after first stock split in more than two decades – Amazon at less than $130 a share? No, the market hasnt completely cratered today is the first day of trading after the companys 20-for-1 stock split, approved by shareholders at Amazons recent annual meeting. Its the first stock split for Amazon since before the dot-com bust. Theoretically, the split …

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