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Benzinga
Benzinga
Business
Melanie Schaffer

Bears Grab Ahold Of Amazon Stock As Market Falls Into Turmoil: What's Next?

Amazon Nasdaq

Amazon.com, Inc. (NASDAQ:AMZN) gapped down under a key psychological upper level at the $3,000 mark on Friday morning and then slid about 3% lower before bouncing temporarily and dropping toward the low-of-day again.

The tech giant has plummeted almost 10% this week and is down more than 21% off its all-time high of $3,773.08.

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