amazon shares experience pullback after reaching new all time high

Amazon.com shares have recently experienced a significant decline after reaching an all-time high.

The stock closed at USD 215.90 and fell by 4.2% to USD 202.61 at the end of the week.

This decline comes after the company's quarterly earnings report, which initially boosted investor confidence and pushed the stock above USD 200.

Analysts are now closely monitoring the stock's performance and assessing whether this decline is just a pullback or a more significant correction.

The stock's ability to stay above USD 200 will be crucial in determining its short-term trajectory.

Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings