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Benzinga
Benzinga
Business
Henry Khederian

What's Going On With Amazon Shares Today?

Amazon Recession

Amazon.com, Inc. (NASDAQ:AMZN) shares are trading higher by 3.05% to $112.90 during Tuesday's trading session. Shares of retail companies at large are trading higher Tuesday amid volatility in stocks as traders assess the possibility of a recession.

Amazon shares were otherwise trading lower last week after data showed a slowdown in U.S. consumer spending in May. The U.S. Bureau of Economic Analysis reported real disposable personal income decreased 0.1 percent in May and real personal consumption expenditures decreased 0.4 percent; expenditure on goods decreased 1.6 percent.

See Also: This Chipmaker Has A Better 5-Year Return Than Amazon, Apple, Nvidia, Microsoft, Ford, Wells Fargo And Starbucks

According to data from Benzinga Pro, Amazon has a 52-week high of $188.65 and a 52-week low of $101.26.

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