Previous Close | 0.1400 |
Open | 0.1400 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 78.00 |
Expire Date | 2024-01-19 |
Day's Range | 0.1400 - 0.1400 |
Contract Range | N/A |
Volume | |
Open Interest | 3.78k |
Amazon (AMZN) is the last of the "magnificent seven" tech stocks that Yahoo Finance Tech Reporter Allie Garfinkle is profiling. Garfinkle discusses how the company is "trying to balance efficiency and growth moving forward," as well as the strength of Amazon's e-commerce business.
Most companies revolving around e-commerce took a massive hit, and even Amazon lost over 55% of its value at one point. Despite an 87% drop from the 2021 high, online products retailer Chewy (NYSE: CHWY) did not experience a yearly revenue decline. E-commerce companies have difficulty competing with Amazon.
It is hard to get excited after looking at Amazon.com's (NASDAQ:AMZN) recent performance, when its stock has declined...