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StockWatch: Tesla Stock Jumps on Stock Split Reports!

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Shares of Tesla spiked recently after the electric vehicle giant disclosed plans to enable a stock split, which would be the second one in two years.

The company’s only other stock split, a 5-to-1 split, took effect in 2020.

Amazon also recently approved a 20-for-1 split.

Who will be the next major player in the market to initiate a split?

Timestamps:

  • TSLA 02:00
  • AMZN 03:45

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