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WIKIFX REPORT: Amazon Announces Stock Split
Abstract：On March 9, Amazon approved a $10 billion stock buyback and a 20-1 stock split. The split, according to the board, "will allow our workers more flexibility in how they handle their equity in Amazon and make the share price more approachable for others wishing to invest."
Amazon approved a 20-1 stock split and a $10 billion stock buyback on March 9. The board said the split would give our employees more flexibility in how they manage their equity in Amazon and make the share price more accessible for people looking to invest. The approval happens since the .com boom. Investors and traders with shares or open positions in AMZN stock will gain 20 times more shares.
What does this mean for you？
A stock split is one sign that a company is thriving—and there‘s no question that Amazon runs a very healthy business. If you have open share CFD positions in AMZN at the close of business on Friday the 3rd of June, you will get 20 share CFD’s for each CFD you hold. The price per share CFD will also decrease by 1/20th to take this stock split into account.
Basically, the market value of your AMZN share CFD‘s will not be affected even though you will gain 20 times more share CFD’s in your portfolio.
This will come into effect over the weekend, ready for when trading resumes on Monday the 6th of June.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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Fidelity Exposed: Traders Complain About Withdrawal Denials, Frozen Accounts & Platform Glitches
Does Fidelity Investments prevent you from accessing funds despite numerous assurances on your requests? Do you witness an account freeze by the US-based forex broker every time you request withdrawal access? Do you struggle with an unstable trading platform here? Is the slow Fidelity customer service making you face forced liquidation? These issues haunt traders, with many of them voicing their frustration on several broker review platforms such as WikiFX. In this Fidelity review article, we have shared quite a few complaints for you to look at. Read on!
Original 10h
Exposing The Trading Pit: Traders Blame the Broker for Unfair Withdrawal Denials & Account Blocks
Did you receive contradictory emails from The Trading Pit, with one approving payout and another rejecting it, citing trading rule violations? Did you purchase multiple trading accounts but receive a payout on only one of them? Did The Trading Pit prop firm refund you for the remaining accounts without clear reasoning? Did you face account bans despite using limited margins and keeping investment risks to a minimum? These are some raging complaints found under The Trading Pit review. We will share some of these complaints in this article. Take a look.
Original 11h
M&G Review: Traders Report Fund Scams, Misleading Market Info & False Return Promises
Applying for multiple withdrawals at M&G Investments but not getting it into your bank account? Do you see the uncredited withdrawal funds out of your forex trading account on the M&G login? Does the customer support service fail to address this trading issue? Does the misleading market information provided on this forex broker’s trading platform make you lose all your invested capital? Were you lured into investing under the promise of guaranteed forex returns? These issues have become highly common for traders at M&G Investments. In this M&G review article, we have echoed investor sentiments through their complaint screenshots. Take a look!
Original 12h
INZO Broker MT5 Review 2025: A Trader's Guide to Features, Fees and Risks
INZO is a foreign exchange (Forex) and Contracts for Difference (CFD) brokerage company that started working in 2021. The company is registered in Saint Vincent and the Grenadines and regulated offshore. It focuses on serving clients around the world by giving them access to popular trading platforms, especially MetaTrader 5 (MT5) and cTrader. The company offers different types of trading instruments, from currency pairs to cryptocurrencies. It aims to help both new and experienced traders. Read on to know more about it.
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