Amazon Stock Sees Minor Pullback: AMZN Trades Near $186.50 in Monday Morning Trading
Amazon.com Inc (NASDAQ: AMZN) is experiencing a slight dip in its stock price during the early trading hours on Monday, April 29th. Shares of the e-commerce and cloud services giant are trading modestly lower than their previous closing level.
As of 10:38 AM GMT-4, Amazon stock was priced at 186.59 USD. This reflects a decrease of 1.11 USD, or 0.59 percent, compared to the prior close of 187.70 USD. The red downward arrow indicates the negative performance for the session thus far.
The trading day for Amazon began with the stock opening lower at 183.99 USD and touching an intraday low of 183.68 USD shortly thereafter. However, shares showed some resilience, recovering from these early lows to reach an intraday high of 186.83 USD before stabilizing near the current trading price.
Amazon remains a major player in the global market, boasting a substantial market capitalization listed as 1.98L Cr (representing approximately 1.98 Trillion USD). Key financial data includes a Price-to-Earnings (P/E) ratio of 33.76. The company does not currently issue a dividend.
Today’s early trading activity places AMZN stock well within its performance range over the past year. The 52-week high for the shares stands at 242.52 USD, while the 52-week low is recorded at 151.61 USD.
