Is AMZN Due for a Dead-Cat-Bounce?
Get Alerts AMZN Hot Sheet
Join SI Premium – FREE
We would keep an eye on Amazon (Nasdaq: AMZN) as a dead-cat-bounce play (Currently at $34.79) The stock is down near its 52-week low today after disappointing earnings numbers and concerns that margins will be squeezed further. We would look for 50 cents to a buck on a bounce. Longer term is anyone�s guess - I was probably one of the first shorts in the stock (ouch!)
You May Also Be Interested In
- Amazon's AWS to acquire DuckLabs, maker of DuckDB database
- Baird is bullish on this leading chipmaker as agentic AI fuels next growth wave
- AI infastructure stocks: Snowflake (SNOW) and MongoDB (MDB) earnings preview
Create E-mail Alert Related Categories
Insiders' BlogSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share