Amazon’s big split: Should you invest in stocks now?

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Shares closed 2% higher at $124.80 in trading, after hitting an intraday high of $128.70 early in the session.

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Shares had risen almost 8% in the five days leading up to the split.

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The stock split doesn’t create any extra value for shareholders. And it came after AMZN shares were down 23%.

While the split doesn't change the value of the shares, a lower price point may attract price-conscious buyers who have been waiting to own the stock.

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