Amazon Would Need a Pretty Big Split to Get Into the Dow Average
- A potential 10-for-1 split would take shares to around $345
- Such a move would be more about prestige, says Truist’s Lerner
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It’s a speculation that often blows up around earnings season: now would be a good time for Amazon.com Inc. to split its shares, as a prelude to getting into the Dow Jones Industrial Average.
One byproduct of the stock’s relentless surge is that it would take a big split to pull it off.