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Tag: Amazon’s stock


Amazon shares rise amid reports of record holiday sales

28

Dec 2019

Amazon shares rise amid reports of record holiday sales

Amazon’s stock had the biggest advance on the S&P 500 Index after the e-commerce giant said its holiday season this year was “record-breaking,” with billions of items shipped and “tens of millions” of devices like the Echo Dot sold. Five million new customers started Prime free trials or paid memberships globally, while the number of items that were delivered with one-day or same-day shipping quadrupled...

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Here’s the key level Amazon needs to break to retake $2,000

07

Mar 2019

Here’s the key level Amazon needs to break to retake $2,000

Amazon’s stock is up against a key resistance level as it tries to rally back to record highs, and one technical analyst says the odds are in favor of Amazon breaking that barrier. Ari Wald, head of technical analysis for Oppenheimer, said Monday on CNBC’s “Trading Nation” that Amazon is on track to break above a $1,770 level of resistance. It closed on Monday at...

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