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Do All These Stock Splits Mean a Market Correction Was Imminent?

Some of the world's biggest and top-performing companies have announced stock splits this year. E-commerce giant Amazon (NASDAQ: AMZN) just completed its 20-for-1 stock split in early June. Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), owner of Google, is set for a 20-for-1 split on July 1.