Amazon to Further Expand Its Physical Retail Presence?
Technology stocks took some serious losses in the recent market sell-off. Amazon.com, Inc. (NASDAQ:AMZN) happened to be one of them. After reaching $1.0 trillion in market capitalization in September 2018, AMZN stock started a downward journey, plunging more than 20% in just a few months.
But now, Amazon stock is making a comeback. And there's a good reason for it.
Earlier this week, The Wall Street Journal reported that Amazon has plans to expand its Whole Foods stores across the U.S. (Source: ".
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Technology stocks took some serious losses in the recent market sell-off. Amazon.com, Inc. (NASDAQ:AMZN) happened to be one of them. After reaching $1.0 trillion in market capitalization in September 2018, AMZN stock started a downward journey, plunging more than 20% in just a few months.
But now, Amazon stock is making a comeback. And there's a good reason for it.
Earlier this week, The Wall Street Journal reported that Amazon has plans to expand its Whole Foods stores across the U.S. (Source: ".
Den vollständigen Artikel lesen ...