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08.06.2020 AMAZON Daily Analysis

Amazon is trading at 2483 USD. It is trading higher with 22.40 USD. With the coronavirus pandemic, people started switching to online shopping.

Yazar: editor_1

Yayınlanma: 9 Haziran 2020 22:38

Güncellenme: 13 Kasım 2024 01:36

08.06.2020 AMAZON Daily Analysis

Amazon is trading at 2483 USD. It is trading higher with 22.40 USD. With the coronavirus pandemic, people started switching to online shopping. There was a high demand and in order to cover up the demand-supply gap. They hired a total of 175,000 people to cope up with the sudden surge in customers. This is the reason that the stock has been going very high. Recently, it has come under fire due to the workers who have complained and sued the company on mistreatment. One of the workers has stated that the company forced him to work even after he had come in contact with a coronavirus positive person. Despite that, it is predicted that the stock will continue to go up and will hit a high soon.
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