Amazon Stock Went Down By Over 2% Today – Via News Agency


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Shares of Amazon fell 2.81% to $3,232.58 at 08: 39 EST on Thursday, following last session’s downward trend. NASDAQ Composite is falling 0% to $13,270.60, after two sequential sessions in a row of losses. This seems, as yet, a somewhat positive trend trading session today.

Amazon’s last close was $3,232.58, 9.89% below its 52-week high of $3,552.25.

Amazon’s Sales

Amazon’s sales growth is 36.9% for the present quarter and 26.5% for the next. The company’s growth estimates for the current quarter and the next is 11.1% and 80.2%, respectively.

Amazon’s Revenue

Year-on-year quarterly revenue growth grew by 37.4%, now sitting on 347.95B for the twelve trailing months.


Amazon’s last day, last week, and last month’s average volatility was a negative 2.89%, a negative 0.19%, and a positive 0.09%, respectively.

Amazon’s last day, last week, and last month’s high and low average amplitude percentage was 4.26%, 2.52%, and 2.24%, respectively.

Amazon’s Stock Yearly Top and Bottom Value

Amazon’s stock is valued at $3,232.58 at 08: 39 EST, below its 52-week high of $3,552.25 and way above its 52-week low of $1,626.03.

Amazon’s Moving Average

Amazon’s worth is above its 50-day moving average of $3,199.98 and above its 200-day moving average of $3,182.04.

Previous days news about Amazon

Credit suisse, BNP to exit Amazon oil finance after criticism. According to Bloomberg Quint on Monday, 25 January, "The two activist groups called out the companies for double standards, saying they promoted corporate sustainability while also financing the Amazon oil trade that contributes to climate change.", "Rabobank said it hasn’t been involved in Ecuadorian Amazon trade flows since early 2020."

Amazon asks India court to jail retail tycoon in legal spat. According to Bloomberg Quint on Monday, 25 January, "Future Retail had petitioned the same Indian court in November urging it to bar Amazon from meddling in its asset sale by writing to local regulators. ", "The latest petition signals that Amazon is going all out after writing letters to India’s market and antitrust regulators in a bid to block the deal. "

Nordic asset managers target Brazil debt after Amazon fires. According to Bloomberg Quint on Monday, 25 January, "With the rate of burning in Brazil’s Amazon and Pantanal regions on the rise, 50 financial managers overseeing around $7 trillion have now agreed to step up their pressure campaign, according to Storebrand ASA, the Norwegian life insurer that launched the movement about a year ago. "

Amazon set to hire 3,000 corporate employees in Boston. According to The Wall Street Journal on Tuesday, 26 January, "The online retailer said the jobs will be distributed across support teams from the Alexa smart speaker system to Amazon Web Services, Amazon Robotics and Amazon Pharmacy, a new business unit launched in November. "

Amazon announces canadian launch of Amazon future engineer – quick facts. According to Business Insider on Tuesday, 26 January, "Amazon (AMZN) announced the Canadian launch of Amazon Future Engineer, a program to educate children and young adults from underrepresented communities. ", "Susan Ibach, Head of Amazon Future Engineer Canada, stated: "Amazon Future Engineer is dedicated to helping students develop their computer science skills throughout their educational journeys, from kindergarten to high school, while also funding in-demand professional development opportunities for teachers."

Elon Musk accuses Amazon of trying to 'hamstring' spacex's starlink satellite project, but Amazon says spacex is trying to 'smother competition'. According to Business Insider on Wednesday, 27 January, "SpaceX and Amazon both have high-speed internet satellite projects: Starlink for SpaceX, Project Kuiper for Amazon.", "We designed the Kuiper System to avoid interference with Starlink, and now SpaceX wants to change the design of its system," an Amazon spokesperson told CNBC."

Battle for Poland’s $19 billion e-commerce market begins for real with Amazon entry. According to Bloomberg Quint on Wednesday, 27 January, "A battle for Poland’s online shoppers is heating up with Amazon Inc. announcing plans to enter the booming $19 billion market.", "Even as Amazon fees may be higher, merchants will get fulfillment and packaging services and access to global shoppers."

Amazon seeks to block resolution calling for racial audit. According to Bloomberg Quint on Wednesday, 27 January, "The appeal for a broad survey "implicates many aspects of the company’s operations that don’t raise significant policy issues," Amazon said in the letter.", "In seeking SEC approval to exclude the pension’s proposal, Amazon cited its diversity and inclusion policies, pledges to match donations to racial justice groups and goals to double the number of Black directors and vice presidents in the company."

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