Amazon intends to boost its outstanding shares by a 20-to-1 ratio, under a plan disclosed late Wednesday, joining other technology giants like Alphabet and Apple who have turned to splits to make their stocks more attractive to retail investors. That news combined with a $10 billion share-buyback authorization sent Amazon shares up as much as 11% in New York postmarket trading.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/IOhw4fy
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