Yikes. Down big
Amazon (AMZN)
- Last Updated:
- Feb 20th, 2024 11:54 pm
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- SCORE+4
- goodfella99
- Jr. Member
- Mar 9, 2017
- 111 posts
- 50 upvotes
- melodymelody
- Member
- Dec 7, 2008
- 302 posts
- 481 upvotes
- Toronto, Ontario
Yes - down 7/8%. But just back to where it was like mid June.
- MrMom
- Deal Guru
- Aug 17, 2008
- 10990 posts
- 13539 upvotes
Q4'21 and FYE'21 ER amc tonight.
Whisper # is +$4.40 EPS, consensus is lower at $3.74 to 3.88 EPS, depending on your source. Rev consensus is ~$137.7B
Update
Whisper # is +$4.40 EPS, consensus is lower at $3.74 to 3.88 EPS, depending on your source. Rev consensus is ~$137.7B
Update
Answer not a fool according to his folly, lest thou also be like unto him = Never argue with an idiot, they'll only bring you down to their level & beat you with experience
- ilovetoyota
- Banned
- May 22, 2019
- 1469 posts
- 2121 upvotes
https://www.cnbc.com/2022/03/09/amazon-announces-20-for-1-stock-split-10-billion-buyback.html
Does this mean Amazon will be included into Dow Jones 30? And kick IBM out of the index?
Does this mean Amazon will be included into Dow Jones 30? And kick IBM out of the index?
World cup is coming
- will888
- Deal Expert
- Dec 12, 2009
- 29536 posts
- 20456 upvotes
Google declared the stock split first.
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- Chance7652
- Deal Addict
- Feb 26, 2017
- 2902 posts
- 4581 upvotes
I'm not much help as I have no idea of how something gets included in the Dow Jones and don't really care about that index either . It seems pretty arbirary with weight being on share price and I follow the S&P 500 for the US market.
Great to hear Amzn is splitting though and the stock is up 7% after hours @Blubbs! If anything everything actually seems to be going a bit too positively right now.
Great to hear Amzn is splitting though and the stock is up 7% after hours @Blubbs! If anything everything actually seems to be going a bit too positively right now.
- treva84
- Deal Fanatic
- Nov 9, 2013
- 5880 posts
- 7458 upvotes
- Edmonton, AB
Chance7652 wrote: ↑ If anything everything actually seems to be going a bit too positively right now.
Buy quality. Keep calm and go long (and note to self STOP SELLING).
- MrMom
- Deal Guru
- Aug 17, 2008
- 10990 posts
- 13539 upvotes
Or ... we could just post the 20:1 split in here
https://d18rn0p25nwr6d.cloudfront.net/C ... b31a24.pdf
https://d18rn0p25nwr6d.cloudfront.net/C ... b31a24.pdf
Answer not a fool according to his folly, lest thou also be like unto him = Never argue with an idiot, they'll only bring you down to their level & beat you with experience
- Blubbs
- Deal Fanatic
- Mar 21, 2013
- 6152 posts
- 10804 upvotes
- Canada
Agreed that’s awesome. Just wish I bought more, I only didn’t because of lack of USD and being too cheap to pay 1.5% from Questrade to do it quickly. Lol. Amazon is taking over the world eventually.Chance7652 wrote: ↑ I'm not much help as I have no idea of how something gets included in the Dow Jones and don't really care about that index either . It seems pretty arbirary with weight being on share price and I follow the S&P 500 for the US market.
Great to hear Amzn is splitting though and the stock is up 7% after hours @Blubbs! If anything everything actually seems to be going a bit too positively right now.
- ilovetoyota
- Banned
- May 22, 2019
- 1469 posts
- 2121 upvotes
If a stock is included in Dow 30, there will be a lot of upside for it. Once a stock is kicked out of Dow 30, the stock price will experience free fall, just read the sad story of AT&T, GE, PFE who were being kicked out in the recent years.Chance7652 wrote: ↑ I'm not much help as I have no idea of how something gets included in the Dow Jones and don't really care about that index either . It seems pretty arbirary with weight being on share price and I follow the S&P 500 for the US market.
Great to hear Amzn is splitting though and the stock is up 7% after hours @Blubbs! If anything everything actually seems to be going a bit too positively right now.
World cup is coming
- asianstutter
- Member
- Oct 17, 2009
- 300 posts
- 13 upvotes
Can you explain what this means exactly? I have 8 shares with amazon. so the 20:1 split meaning 20 shares for every share i own? so i'll end up with 160 shares?MrMom wrote: ↑ Or ... we could just post the 20:1 split in here
https://d18rn0p25nwr6d.cloudfront.net/C ... b31a24.pdf
- Chance7652
- Deal Addict
- Feb 26, 2017
- 2902 posts
- 4581 upvotes
Yepasianstutter wrote: ↑ Can you explain what this means exactly? I have 8 shares with amazon. so the 20:1 split meaning 20 shares for every share i own? so i'll end up with 160 shares?
- MrMom
- Deal Guru
- Aug 17, 2008
- 10990 posts
- 13539 upvotes
I could give you the answer, but if you read the very brief SEC document (the url), you will be doing yourself a long term favour by learning something new.asianstutter wrote: ↑ Can you explain what this means exactly? I have 8 shares with amazon. so the 20:1 split meaning 20 shares for every share i own? so i'll end up with 160 shares?
Answer not a fool according to his folly, lest thou also be like unto him = Never argue with an idiot, they'll only bring you down to their level & beat you with experience
- nousername
- Deal Addict
- Jun 25, 2010
- 2047 posts
- 1661 upvotes
I don’t understand the hoopla around this split announcement. I mean , it doesn’t really make any sense when you can just go and buy a fractional shares of these companies. Potatoe potaato.
“There are the people who don’t know, and the people who don’t know that they don’t know”- Treva84
- faken
- Deal Guru
- Sep 21, 2007
- 13044 posts
- 11386 upvotes
- ...
the buyback was way more impressive to me than the splits. to me.. any splits at that level just encourages more retail investors. Sure you can always buy a fraction but it's all mentality and it "feels" better to have a whole share than .5 of one.nousername wrote: ↑ I don’t understand the hoopla around this split announcement. I mean , it doesn’t really make any sense when you can just go and buy a fractional shares of these companies. Potatoe potaato.
"An essential aspect of creativity is not being afraid to fail." -- Edward Land
- will888
- Deal Expert
- Dec 12, 2009
- 29536 posts
- 20456 upvotes
The big deal with lower share price is to facilitate options trading. In options, there are no fractional shares.
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- faken
- Deal Guru
- Sep 21, 2007
- 13044 posts
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aware of that as well. I stopped trading that awhile ago. There's so much manipulation it's wild..
"An essential aspect of creativity is not being afraid to fail." -- Edward Land
- gogoblender
- Deal Addict
- Oct 7, 2012
- 2005 posts
- 696 upvotes
- Montreal
Agreed… A lot of buyers purchase on sticker price not value
big banks don’t have fractions yet correct?
So this is a way for the big companies to make themselves look appealing to buyers without them having to change stockbrokers to access fraction buying
- MrMom
- Deal Guru
- Aug 17, 2008
- 10990 posts
- 13539 upvotes
How much did they spend on this and who's getting fired?
IMDb TV Rebrands to Amazon Freevee
https://variety.com/2022/tv/news/imdb-t ... 235231612/
h/t @livesquawk
IMDb TV Rebrands to Amazon Freevee
https://variety.com/2022/tv/news/imdb-t ... 235231612/
h/t @livesquawk
Answer not a fool according to his folly, lest thou also be like unto him = Never argue with an idiot, they'll only bring you down to their level & beat you with experience
- notenoughsleep
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- May 22, 2003
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