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Why would this lower Amazon's PE ratio? This will not lower Amazon's PE ratio, as EPS will be unaffected. EPS will increase because there are

Why would this lower Amazon's PE ratio?

This will not lower Amazon's PE ratio, as EPS will be unaffected.

EPS will increase because there are fewer shares outstanding.

EPS will decrease because there are more shares outstanding.

This will increase Amazon's PE ratio, as EPS will increase.

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