Amazon Underperformed The Revenue Consensus In Q3, What’s Next?
- Tuesday, November 1, 2022, 7:18
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Amazon’s stock (NASDAQ: AMZN) has lost approximately 38% YTD as compared to the 18% drop in the S&P500 index over the same period. However, at its current price of $103, the stock is trading 36% below its fair value of $160 – Trefis’ estimate for Amazon’s valuation.
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