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The firm maintained a buy rating on the stock and a one-year price target of $225 per share, which would represent upside of roughly 21% based on Amazon's closing price of $186.41 per share today.
August 2, 2024 at 11:15 AM. Shares of Amazon (NASDAQ: AMZN) were tumbling today after the company missed revenue estimates slightly in its second-quarter earnings report and gave light guidance ...
The price of Amazon stock is shown on a screen at the Nasdaq MarketSite, Wednesday, Dec. 20, 2017, in New York. (Mark Lennihan/AP Photo, File) (ASSOCIATED PRESS)
July 31, 2024 at 1:47 PM. Shares of Amazon (NASDAQ: AMZN) climbed higher on Wednesday, adding as much as 3.4%. As of 12:46 p.m. ET, the stock was still up 2.7%. The catalyst that sent the e ...
Amazon.com, Inc., is an American electronic commerce and cloud computing company headquartered in Seattle, Washington. Founded by Jeff Bezos on July 5, 1994, as an online bookstore, Amazon went public after an initial public offering on May 15, 1997, during the midst of the dot-com bubble. [ 1] The funds gained from the IPO allowed Amazon to ...
The other catalyst driving Amazon higher today was the company's investment in Rivian Automotive (NASDAQ: RIVN). Amazon owns more than 162 million shares of Rivian stock, amounting to a 16.4% stake.
Amazon is now a $2 trillion behemoth. That milestone in Amazon's case is being valued at an over $2 billion market cap. The company's stock crossed that level on Wednesday, and given the ...
From the start of 2024 to July 2, the date Amazon's stock hit a peak, shares were up 32%. But it's been a different story since then. The stock currently trades 17% off its all-time high.
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