Re:Jeff Bezos will step down as Amazon CEO on July 5
by Inhibit on Thursday May 27, 2021 @10:11AM
(#27303366)
Correct. 2-1, 3-1, then 2-1 early on. So there's a 12 to 1 ratio at play there. Initial day's closing was 18$.
Re:Jeff Bezos will step down as Amazon CEO on July 5
by vxNsr on Thursday May 27, 2021 @10:07AM
(#27303309)
Yea, I don't believe the actual opening price was $1.73
Yup, appears it was $18[0]
https://www.investopedia.com/articles/investing/082715/if-yo....
Re:Jeff Bezos will step down as Amazon CEO on July 5
by DSingularity on Thursday May 27, 2021 @10:11AM
(#27303359)
It’s not. But the equivalent opening price if you factor in the stock splits - which would have multiplied the shares you bought at opening - is $1.73 per share.
So I think the OP is right.