Technology

Alphabet Split Ends Era of Jumbo Prices for Megacaps

The days when investors had to shell out thousands of dollars to buy a single share of some of the world’s biggest technology companies are gone.

Alphabet Inc. closes the door on that era Monday when its shares begin trading in the $100 range after completing a 20-for-1 split, following the blueprint laid out by Amazon.com Inc. The stock rose as much as 1.1% to $113 at Monday’s open.