Amazon’s stock (AMZN) has been stuck in the penalty box for most of 2021 as investors see what new CEO Andy Jassy has up his sleeves and the company’s growth slows after a big 2020 as people shopped more online at the height of the pandemic.
Veteran tech analyst Mark Mahaney of EvercoreISI thinks Amazon’s stock has a ways to go before it begins a sustained upward ascent.
“Amazon’s stock is waiting for an unlock,” Mahaney said on Yahoo Finance Live. “Amazon is going into another investment…
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