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Amazon Stock Bullish Momentum: Over 2% Up Today

ViaNews Editorial Team

November 25, 2020

Amazon Stock Bullish Momentum: Over 2% Up  Today
According to today's article on Bloomberg Quint, "Amazon Merchants Say Deliveries of Some Products Are Delayed." According to today's article on Bloomberg Quint, "Amazon Cloud Outage Hits Customers Including Roku, Adobe." The Nasdaq Stock Market ended the session with Amazon jumping 2.15% to $3,185.07 on Wednesday while the The Nasdaq Stock Market jumped 0.48% to $12,094.40. According to yesterday's article on Bloomberg Quint, "Amazon Warehouse Workers in Alabama Petition to Form a Union." According to yesterday's article on Bloomberg Quint, "Amazon Will Conduct Counterfeit Inspections With U.S." Amazon today's close was $3,185.07, 11.53% under its 52-week high of $3,552.25. Amazon's sales growth is 36.6% for the present quarter and 26.2% for the next. The company's growth estimates for the ongoing quarter and the next is 9.6% and 83.6%, respectively. Year-on-year quarterly revenue growth grew by 37.4%, now sitting on 347.95B for the twelve trailing months. Amazon's stock is valued at $3,185.07 at 16:31 EST, way under its 52-week high of $3,552.25 and way above its 52-week low of $1,626.03. Amazon's worth is under its 50-day moving average of $3,189.32 and higher than its 200-day moving average of $3,003.73. A day in the life of an Amazon warehouse worker. According to The Wall Street Journal on Mon Nov 23, "Deborah Liljegren joined Amazon.com in April as it raced to add warehouse workers to keep up with soaring demand from homebound shoppers."

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ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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