companies valued at more than $1 trillion, as well as the market as a whole. The Wall Street Journal’s report was based on unnamed people familiar with the matter.Īmazon’s poor performance stands out among U.S.
doesn’t appear to be the news that will turn the stock around. The company’s reported plan to open several large department-store-like locations in the U.S. “The market rewards growth and it doesn’t look like Amazon has any catalysts for increased spending of its users or picking up more users," Kim Forrest, founder and chief investment officer of Bokeh Capital Advisors, said in an interview on Bloomberg Television. Earlier this week, the stock closed below its 200-day moving average for the first time since June, and it is now lower than where it started the year.
0 kommentar(er)
