Although Amazon's stock price has changed,,,

Although Amazon's stock price has changed,,,

ย investors should maintain the same strategy.

ย investors should maintain the same strategy.

The e-commerce behemoth Amazon (AMZN 3.87 percent) proposed

a 20-for-1 stock split in March, and shareholders voted to approve it in May.

The split has finally been official, but what has actually changed?

There are now 20 Amazon shares for every one that existed earlier.

As a result, the value of each Amazon share has decreased.

Prior to the split, one Amazon share was worth $2,447

Prior to the split, one Amazon share was worth $2,447

ย therefore dividing that value by 20 yields a new share price of $122.35.

However, Amazon's market capitalization has remained constant at $1.2 trillion