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MarketBeat
MarketBeat
Business
Sam Quirke

Amazon Just Did This—and It Didn't End Well Last Time

For a stock that hit a fresh all-time high as recently as the start of November, it may come as a surprise that there’s a bearish argument at all calling for a sell-off.

But despite shares of Amazon.com Inc (NASDAQ: AMZN) having popped into blue sky territory after their earnings at the end of October, they’ve been selling off over the past fortnight, and that’s exactly where we are. 

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