Why Amazon Stock Popped on Tuesday
Two analysts remain bullish on Amazon stock after the split.
What Happened
On its first trading day post-stock split, shares of internet retail giant Amazon (AMZN 1.99%) got a lift, rising 2.4% through 3 p.m. ET.
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You can probably thank Wall Street for that
So what
With Amazon making the curious decision to split its stock 20 for 1 in March
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And that split having finally taken effect today, all investor eyes were on how Wall Street would react to the new share price
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And what new price targets analysts would assign to the stock at its new price.
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Should you invest $1,000 in Amazon.com, Inc. right now?
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Before you consider Amazon.com, Inc. you'll want to hear this.
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