Exxon has 8 billion shares over all while Amazon has just under 1 billion. So over the years exxon has created more shares which waters down the overall value of the stock so that more people can afford to buy individual shares. These days nearly all platforms allow you to buy fractional shares so it really is not a big deal any longer. If you remember back a bit Tesla did a 5 way stock split which increased the number of shares 5x. So if you owned 1 share pre split you now have 5 shares post split but at 1/5 the pre split value.
Latest Answers