Shares of Amazon rose 3.68% to $3,289.50 at 13:40 EST on Monday, after two consecutive sessions in a row of losses. NASDAQ Composite is jumping 0.87% to $12,916.24, following last session’s upward trend, This seems, so far, a somewhat positive trend exchanging session today.
Amazon’s last close was $3,172.69, 7.99% below its 52-week high of $3,552.25.
Amazon’s sales growth is 36.7% for the present quarter and 26.3% for the next. The company’s growth estimates for the current quarter and the next is 10.5% and 84%, respectively.
Year-on-year quarterly revenue growth grew by 37.4%, now sitting on 347.95B for the twelve trailing months.
Amazon’s Stock Yearly Top and Bottom Value
Amazon’s stock is valued at $3,289.50 at 13:40 EST, under its 52-week high of $3,552.25 and way higher than its 52-week low of $1,626.03.
Amazon’s Moving Average
Amazon’s value is above its 50-day moving average of $3,154.86 and higher than its 200-day moving average of $3,117.87.
Previous days news about Amazon
An Amazon reseller that made over $1.5 million in sales in one year reveals the items he sells to make the most profit. According to Business Insider on Sat Dec 26, "According to Blunt, products on Amazon are generally more expensive than on competitors’ websites because Amazon’svast market share of web trafficallows it to keep its prices high. ", "The 26-year-old’s current business made him over $1.5 million in sales in one year between May 2019 and May 2020, according to a screenshot of his Amazon seller dashboard viewed by Business Insider."
Amazon CEO jeff bezos and his girlfriend, lauren sanchez, have weathered a tabloid scandal, a lawsuit, and Maybe even interference from a foreign government. here's where their relationship began…. According to Business Insider on Sat Dec 26, "MacKenzie is one of Amazon’s earliest employees. ", "MacKenzie said she was granting Jeff all her interests in the Washington Post and Blue Origin, as well as 75% of the Amazon stock they owned and voting control over the shares she retained. "
Amazon hired the lobbyist brother of close biden ally days after the 2020 election. According to Business Insider on Sun Dec 27, "Amazon didn’t immediately respond to a request for comment on Sunday.", "Last week’s disclosure marked the first time Ricchetti’s K Street firm filed a disclosure listing Amazon. "