You still have the same amount of chocolate, just in smaller segments. Your one big dark chocolate bar is broken down into multiple bite-size pieces. Think about it like a dark chocolate bar.
The value of your holdings is the same, just in smaller chunks. One share gets divided, or split, into multiple shares. Simply put, a stock split is exactly what it sounds like. And, Apple ( AAPL) split its stocks in 2020. Back in July 2021, Nvidia ( NVDA) had a 4-1 split. Moreover, Alphabet ( GOOGL), the parent company of Google, announced plans for a 20-1 stock split in February. The upcoming 20-1 stock split is set to take effect on June 6, meaning that for each share of Amazon you own, you would get an additional 19 shares. Earlier this month, ( AMZN) announced plans for its fourth stock split since 1998.
The announcement follows a raft of stock split announcements.
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