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Is It Too Late to Buy Amazon Stock?

TheMotleyFool

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Shares of Amazon (NASDAQ: AMZN) have gained impressive momentum after the e-commerce giant announced a 20-for-1 stock split on March 9, with the stock price up over 21% since then.

The stock's gains have substantially outpaced the broader market's rally as the S&P 500 has appreciated just over 7% during the same period. The latest rally isn't surprising as shares of Amazon, which will start trading on a split-adjusted basis on June 6, will become more accessible to retail investors. Amazon stock was trading at $3,380 a share when the market closed on March 28, so small investors had to shell out a lot of money to own one share.

Image source: Getty Images.

Source Fool.com

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