Amazon (AMZN) Opportunistic Adding Shifts to Forced Hedge Fund Selling - Morgan Stanley
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Price: $242.67 +0.40%
Rating Summary:
68 Buy, 7 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 2
Rating Summary:
68 Buy, 7 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 2
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Morgan Stanley's trade desk says opportunistic adding in Amazon (NASDAQ: AMZN) transitioned into Hedge Fund selling. The desk says Brick-and Mortar Retail strength likely exacerbated matters which resulted in AMZN breaking $1500 in the final hours.
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