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On Wednesday, while emerging tech stocks recorded an average increase of 9.3%, the "Magnificent Seven" posted a modest 1.1% gain, Munster said.
Sean Cassidy, a pivotal figure in Amazon's drone delivery program, was serving as the primary liaison with federal regulators.
Amazon is already facing a US court hearing after a minor claimed she was secretly filmed by a man with a camera hidden in a clothes hook.
The hidden devices remain available despite being at the centre of a US case against the firm.
The prospect of a royalty increase can be quite enticing for established artists and labels, as mixing music in Atmos is affordable for them.