Amazon's (AMZN) stock will be undergoing a twenty-for-one stock split on June 3, 2022. For every Amazon share you own, you will receive an additional 19 shares.
Though the price of an Amazon share will be 1/20th of the closing price on June 3, 2022, the overall dollar value of your Amazon holdings will not change due to the split.
For example, if you owned 2 Amazon shares at $2,400 USD per share on June 3, 2022 for a total investment of $4,800 USD, then you will own 40 Amazon shares at $120 per share after the stock split for the same $4,800 USD amount (assuming there are no changes to the stock’s value).
Amazon markets will be open until 20:00 UTC on June 3, 2022 if you wish to sell your Amazon shares before the stock split. All open orders that have not been filled will be cancelled while the Amazon markets are disabled.
If you have any questions, please contact our support team.