Amazon ( (AMZN) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Amazon’s stock took a hit in after-hours trading, dropping due to worries about declining free cash flow linked to significant investments in AI and infrastructure. Although the company exceeded Q2 earnings expectations and showed strong revenue growth, analysts are concerned about potential margin compression from these high capital expenditures. Despite the mixed outlook, some analysts are still hopeful about Amazon’s future, pointing to its appealing valuation and the potential for better AWS trends.
More about Amazon
YTD Price Performance: 4.53%
Average Trading Volume: 41,274,530
Technical Sentiment Signal: Buy
Current Market Cap: $2452.5B
For further insights into AMZN stock on TipRanks’ Stock Analysis page.
See more of today’s top stock gainers and losers.