Amazon (AMZN) Stock Falls Amid Market Uptick: What Investors Need to Know

In the latest market close, Amazon (AMZN) reached $190.26, with a -1.28% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 0.55%. Elsewhere, the Dow saw an upswing of 1.01%, while the tech-heavy Nasdaq depreciated by 0.14%. Shares of the online retailer have depreciated by 9.21% over the course of the past month, underperforming the Retail-Wholesale sector's loss of 8.04% and the S&P 500's loss of 6.22%. With respect to valuation, Amazon is currently being t ...