Home  »  Equity Investing   »  Is Amazon Stock Accelerate After Recent Trade?...

Is Amazon Stock Accelerate After Recent Trade?

For the first time in history, Black Friday sales were down from the previous year. Consumers may have postponed some of their purchases for Cyber Monday, November 29. The stock of Internet behemoth Amazon.com Inc. (NASDAQ: AMZN) climbed 1.63 percent to $3,561.57 on this day.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.


The increase in Amazon prices in the trading on Monday underscores investors’ expectations for Internet buyer activity following a comparatively poor “Black Friday” this year.

For the first time in the history of tracking such expenditure, Black Friday sales declined year over year. According to Amazon, consumers spent $8.9 billion on Friday, slightly shy of the all-time record of $9 billion set last year. On Monday, November 29th, Amazon expects that online retailers will record another $10 million in sales.

The earlier start of sales this year has resulted in a drop in Black Friday sales. Retailers were concerned about internet competition and unsure if customers would want to visit the store on Friday. Early November may have been a good time to get a good deal. As a result, there was no value in deferring a trip to the shop for a specific day; it was simply a nod to custom.

The discovery of a new coronavirus strain last week has added to the uncertainty. According to Amazon, it’s too early to tell how this may effect consumer behaviour in the following weeks. Because of the uncertainties around the omicron strain, consumers may be more inclined to purchase online.

Leave a Comment

Your email address will not be published. Required fields are marked *

Related Posts




The 5 Best Inflation Stocks for 2022

100% free. stop anytime no spam

Get our free report on the stocks that we recommend for investors who want to protect their portfolios from inflation.

Receive Best Stock To Trade Before The Opening Bell



100% Free. Stop Anytime. No Spam