Image Source: Zacks Investment Research Amazon Amazon has evolved into an e-commerce giant with global operations. The company also enjoys a dominant position within the cloud computing space with its Amazon Web Services (AWS) operations. AMZN's 20-for-1 split was a bit of a surprise, as it was the company's first split since 1999. Shares started trading on a split-adjusted basis on June 6 th, 2022. Following the split, Amazon shares have lost roughly 18% in value, well off the general market's performance. Image Source: Zacks Investment Research Bottom Line Stock splits are typically exciting announcements that investors can receive, with companies aiming to boost liquidity within shares.