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Amazon stock last hit a high in July of 2021, almost three years ago. Even though Amazon stock gained 81% last year, it still came into 2024 nearly 20% below its peak.
Amazon reported fourth quarter earnings that beat analysts' expectations Thursday and delivered an optimistic outlook for the months ahead. The stock climbed more than 6% in early trading on...
The 47 Wall Street analysts who cover Amazon have a consensus “strong buy” rating on the stock, with an average 12-month price target of $208.48. This represents a 16.6% increase over the ...
On November 8, 2023, a plan was adopted for Jeff Bezos to sell approximately 50 million shares of the company over the next year (the deadline for the entire sales plan is January 31, 2025). The first step was the sale of 12 million shares for about $2 billion.
Amazon ( AMZN) reported first quarter earnings that topped Wall Street estimates on the top and bottom lines, sending shares of the retail giant up around 3% in morning trading Wednesday.
Amazon has diversified its acquisition portfolio into several market sectors, with its largest acquisition being the purchase of the grocery store chain Whole Foods Market for $13.7 billion on June 16, 2017.