Previous Close | 28.53 |
Open | 27.47 |
Bid | 23.60 |
Ask | 24.70 |
Strike | 230.00 |
Expire Date | 2026-12-18 |
Day's Range | 27.47 - 28.53 |
Contract Range | N/A |
Volume | |
Open Interest | 492 |
Amazon (AMZN) has been downgraded to Equal Weight from Overweight at Wells Fargo. The firm argues that the strength in Amazon's cloud business is "not enough" to overcome headwinds and increasing competition from Walmart (WMT). Morning Brief anchors Seana Smith and Brad Smith discuss the call in the video above. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Stephanie Mikulich.
Estimates for Amazon’s operating income have consistently been revised higher, but now there are reasons to believe the expansion will be capped.
The digitally focused, disruptive used-car seller is more often compared to Amazon. Carvana stock pegged new high.