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Amazon Stock Falls Below Wall Street's Lowest Price Target After Hours

(4 hours ago) · 1 source · Summarized by CryptoBipto

Amazon's stock dropped in after-hours trading, falling below the lowest price target set by Wall Street analysts. The decline represents a notable move for one of the world's largest technology companies.

WHY IT MATTERS

Although this is a traditional stock market story rather than a crypto-specific event, Amazon is relevant to the crypto world because its cloud computing division (AWS) powers many cryptocurrency exchanges and blockchain networks.

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SOURCES

  • beincrypto.com

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