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Benzinga
Benzinga
Business
Melanie Schaffer

EXPLAINED: Chart wars bears control amazon and shopify but will either stock reverse on fundamentals - The Real Truth

Amazon.com, Inc (NASDAQ:AMZN) and Shopify, Inc (NYSE:SHOP) were trading inverse to each other on Thursday, with Amazon spiking up over 5% and Shopify sliding almost 7%.

The S&P 500 was down about 1.3% after a bullish day on Wednesday where the index rallied 1.3% to close the trading session at 4,277.87.

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