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Benzinga
Benzinga
Business
Henry Khederian

What's Going On With Amazon Shares?

Amazon.com (NASDAQ:AMZN) shares are trading higher amid overall market strength as traders assess Fed policy outlook, rising Treasury yields and quarterly earnings reports.

Shares of several retail & apparel companies, including Amazon, have otherwise experienced weakness in 2022 amid continued concerns over Fed tapering in order to combat inflation. Amazon shares are lower by 8.00% on a year-to-date basis.

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