Will Amazon Deliver for the Bulls or Bears?
For years, Amazon was a top performer. But share prices peaked back in July 2021, several months before the overall market did.
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For years, Amazon was a top performer. But share prices peaked back in July 2021, several months before the overall market did.
As inflation continues to heat up and worries about a looming recession take hold, market sentiment has turned pessimistic over the past few months and FANG stocks — Facebook, Amazon, Apple, Netflix and Google — were some of the hardest hit, collectively sinking nearly 37% compared to the S&P 500’s 16% fall1.
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