Amazon (AMZN) Gains But Lags Market: What You Should Know
In the latest trading session, Amazon (AMZN) closed at $3,206.22, marking a +0.6% move from the previous day. The stock lagged the S&P 500’s daily gain of 0.88%.
Heading into today, shares of the online retailer had lost 3.61% over the past month, outpacing the Retail-Wholesale sector’s loss of 3.64% and lagging the S&P 500’s gain of 0.15% in that time.
Investors will be hoping for strength from AMZN as it approaches its next earnings release. In that report, analysts expect AMZN to post earnings…