Shares of Amazon.com Inc. rallied 3.9% in afternoon trading Friday, amid a broad rally in technology names, but was still on track for the longest weekly losing streak in 14 years. The rally in the ecommerce giant's stock comes after it rose 1.5% on Thursday, which followed a 3.2% drop on Wednesday to its lowest close since April 2020. Still, the stock was down 3.2% this week, and has plummeted 32.6% amid a seven-week losing streak. That would be the longest weekly losing streak since it fell fo Read More...
Shares of Amazon.com Inc. rallied 3.9% in afternoon trading Friday, amid a broad rally in technology names, but was still on track for the longest weekly losing streak in 14 years. The rally in the ecommerce giant’s stock comes after it rose 1.5% on Thursday, which followed a 3.2% drop on Wednesday to its lowest close since April 2020. Still, the stock was down 3.2% this week, and has plummeted 32.6% amid a seven-week losing streak. That would be the longest weekly losing streak since it fell fo
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