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MarketBeat
MarketBeat
Business
Sam Quirke

FORGOTTEN HISTORY: Amazon looks stuck so why do analysts keep calling for 300 - The Untold Story

Amazon MarketBeat

Shares of tech giant Amazon.com Inc. (NASDAQ: AMZN) closed just under $230 on Monday, a level that neatly captures the tension surrounding the stock right now.

Shares are still up about 40% from April’s lows, yet they remain more than 10% below the November high that briefly looked like the start of a major breakout. 

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