Trefis Team, Contributor / Forbes.com Market News
Will Amazon’s Stock Rise After Buyback And Stock Split Announcement? – Amazon saw its stock fall by 12% over the last twenty-one trading days. In comparison, the broader SP500; fell by 4.5% during the same period. Yesterday the company announced that the Board has approved a 20-for-1 split of the e-commerce giants common stock and authorized a $10 billion buyback planAmazon …