What's Going On With Amazon Stock Monday?
Amazon.com Inc (NASDAQ:AMZN) shares are trading lower Monday, even as Morgan Stanley laid out a bullish long-term case for the stock and a prominent hedge fund manager dramatically increased his bet on the company.
Amazon's stock price went down today, even though some smart money investors think it's a good long-term bet. This shows that the stock market doesn't always move based on good news—sometimes prices go down for other reasons, so watch what actually happens over time.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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