Why Amazon Stock Popped on Tuesday

Two analysts remain bullish on Amazon stock after the split.

What Happened

On its first trading day post-stock split, shares of internet retail giant Amazon (AMZN 1.99%) got a lift, rising 2.4% through 3 p.m. ET.

You can probably thank Wall Street for that

So what With Amazon making the curious decision to split its stock 20 for 1 in March

And that split having finally taken effect today, all investor eyes were on how Wall Street would react to the new share price

And what new price targets analysts would assign to the stock at its new price.

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