The e-commerce giant (AMZN) is one of the pandemic’s biggest winners as the demand for online shopping has skyrocketed over the past 20 months. However, the stock does the worst of the FAANG group. So will AMZN’s stock develop better momentum this year? Read More

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Seattle. Wash.-Based Amazon.com, Inc. (AMZN) is the largest global e-commerce retailer with a market cap of $ 1.67 trillion. place 2 On the Fortune 500 list, AMZN has benefited greatly from the remote lifestyle, which has significantly increased the demand for online shopping over the past 20 months.

However, AMZN was the worst performing stock among its peers in the FAANG group. The stock gained 2.1% in price last year, but has plummeted 6.4% in the last six months. Plus, it’s down 1.4% year-to-date, closing yesterday’s trading session at $ 3,287.14.

Investors are concerned about …

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