Tag Archives: 52week

Amazon stock is now down 50% this year and is at a 52-week low

Amazon stock is now down 50% this year and is at a 52-week low

Amazon’s (AMZN) stock is sucking wind into 2023 as investors fret about still-bloated costs and what is shaping up to be a disappointing holiday shopping season. Shares of the tech giant are now hovering at a fresh 52-week low and down 50.3% year to date, according to Yahoo Finance data. The stock is rivaling dreadful performances from its partners in the closely followed FAANG (Facebook/Meta, Apple, Amazon, Netflix, Google) complex, as Meta Platforms (META) has suffered a 63% drop and… Source link

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Which beaten down stocks should I buy for the juiciest upside? Here are 3 high-growth tech ideas hitting fresh 52-week lows

Which beaten down stocks should I buy for the juiciest upside? Here are 3 high-growth tech ideas hitting fresh 52-week lows

Which beaten down stocks should I buy for the juiciest upside? Here are 3 high-growth tech ideas hitting fresh 52-week lows “Be fearful when others are greedy and greedy when others are fearful.” Of all of investing legend Warren Buffett’s memorable quotes, that’s probably his most famous. But it’s a lot easier said than done. When stocks are soaring, everyone wants a piece of the action. Meanwhile, the down-and-out stocks rarely get a second look. After the market rebounded from the… Source link

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Block stock hits new 52-week low, down 26% since Square rebrand

Block (SQ) shares hit 52-week lows on Wednesday, closing down more than 8%. The stock slid as part of a recent sell-off in growth names and risky assets amid concerns of Fed rate hikes.  The digital payment firm, formally known as Square, is down about 26% since announcing its corporate entity name change to Block, on Dec. 1 of last year.  The switch was seen as a nod to the company’s increasing focus on blockchain, the technology which underpins cryptocurrencies such as Bitcoin ( Source link

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