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Too A lot Tuesday? Amazon Reveals the Sky Might Truly be the Restrict – TheStreet

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That is proper, Amazon (AMZN) is down about 10% from that huge post-market spike it took to three,650 on 4/29 on the discharge of their earnings. Regardless of incomes $27Bn previously 12 months (by means of 3/31) it is onerous to rationally help a market cap of $1.85Tn at 3,600 as that is 68 instances these earnings and people earnings got here in a yr which was perfecft for Amazon, with everybody staying residence (with Authorities checks) and ordering on-line for a complete yr. In all chance, this may increasingly merely be nearly as good because it will get for AMZN.



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