TipRanks
Amazon Stock: Still in Its Prime
Shares of Amazon (AMZN) have been very volatile this past week, thanks in part to a brutal quarterly earnings report. Undoubtedly, ever since founder Jeff Bezos handed over the reins to CEO Andy Jassy, it’s been nothing but negative for the stock. Indeed, Jassy has a lot to prove, and while his tenure has been short, he needs to find ways to get the stock moving higher again, even as macro headwinds begin to mount. With AMZN stock down around 33% from its all-time high, investors seem split on t