HomeLifestyleRetailAmazon (AMZN) Prime Day Past its Prime?
Amazon (AMZN) Prime Day Past its Prime?

Amazon (AMZN) is the subject of today’s FOMO segment. In this segment Alex Coffey and Jenny Horne discuss Amazon (AMZN) prime day. Jenny explains that Prime Day is 2 days of discounts and deals on millions of items offered by the e-commerce giant. The deals are only available to Amazon Prime subscribers and for a limited time- yesterday and today. Alex and Jenny break down estimated revenue for Prime Day/s, which is lower than in years past, and see if it’s done anything to move Amazon (AMZN) stock price. Finally, Alex demonstrates an example trade using Amazon (AMZ) which was trading ~ $111/share on Wednesday.

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