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Market Mondays

The Wrap Up: IS AMAZON STOCK STILL WORTH BUYING?

Market Mondays

EYL Network

Business, Entrepreneurship, Investing

5.04.1K Ratings

🗓️ 11 May 2022

⏱️ 10 minutes

🧾️ Download transcript

Summary

In this Wrap Up we talk about Amazon stock, we discussed if it is still a good buy. #amazon #stocks #marketmondays 


Link to episode: https://youtu.be/7SFH2GWca4k 


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Transcript

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0:00.0

So let's talk about Amazon.

0:01.4

Let's do it.

0:02.8

Amazon.

0:05.3

52 week high was $3700.

0:09.8

It announced that it was going to do a stock split

0:13.4

and proceeded to fall off a cliff ever since.

0:15.7

It's currently at $24, a little $24.79 right now in the after hours.

0:26.0

Went down 25% shed 25% value last week.

0:32.1

Bad earnings.

0:35.6

The union actually, I don't know if you saw that, but they lost.

0:40.0

And yeah, it's that and now that that's the whole thing they they try to say that Amazon

0:43.8

put pressure on the employees to because the first the first sending a stat now and past

0:50.0

the union.

0:51.0

And that was like a big, big thing.

0:53.1

And then the second one is that and now and they just voted.

0:56.0

And they voted against the union.

0:58.7

So they've got all kinds of issues supply chain issues.

1:02.2

They got union issues.

1:03.7

They got a bunch of different issues.

1:08.4

You you like the Amazon.

1:09.4

I still like that.

1:10.4

That's my baby.

...

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