AI predicts Amazon stock price for year-end
Amazon(AMZN) Finbold·2024-10-17 22:46
Amazon (NASDAQ: AMZN) has had a good year thus far — the tech behemoth is up 25.35% year-to-date (YTD). However, it hasn’t exactly been smooth sailing — a July 9 peak of 161 by August 4. The 19% decline in Amazon stock price was caused by a mixed Q2 2024 earnings report — while the company outperformed in terms of EPS, a revenue miss and disappointing guidance led to this significant pullback. Since then, AMZN’s share price has recovered — at press time, ...