A gunman has died after firing shots into an Amazon (AMZN) warehouse in the city of Columbus, Georgia.
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Media reports say the gunman was killed after a brief standoff with police officers who intercepted the man at an Amazon warehouse just before dawn on Sept. 22 on the city’s east side. The gunman’s death was self-inflicted, said police. No other deaths or injuries were reported at the Amazon facility.
The suspect, whose name has not been released, fired multiple gunshots into the Amazon warehouse from the outside. It is not clear what the motive for the shooting was or if the gunman had worked for Amazon or at the warehouse in Columbus, a city that is located 100 miles southwest of Atlanta.
Amazon Prime Day
AMZN stock was down about 2% on Sept. 22 shortly after reports of the shooting emerged. The incident at the Amazon warehouse has occurred shortly before the company kicks off its latest Prime Day sales event that’s scheduled to take place Oct. 7-8.
The annual Prime Day held in October is the unofficial star of the year-end holiday shopping season for Amazon and its Prime members. The two-day sales extravaganza features discounts across a range of products, including toys, electronics, and appliances. Held twice a year, Prime Day is a major revenue driver for e-commerce giant Amazon.
Is AMZN Stock a Buy?
AMZN stock has a consensus Strong Buy rating among 46 Wall Street analysts. That rating is based on 45 Buy and one Hold recommendations assigned in the last three months. The average AMZN price target of $264.51 implies 15.29% upside from current levels.
