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Here’s How Much Amazon Stock Is Expected to Move After Earnings
Amazon’s stock is roughly flat for the year after pulling back from its May highsCredit: Peter Dazeley / Getty ImagesKey TakeawaysAmazon is due to report earnings Thursday afternoon, with its stock seen swinging up to 6% by the end of the week, based on recent options pricing.Analysts have said they expect Amazon to report rising revenue and profits, though investors could be more focused on its AI spending plans. Amazon is set to report earnings after the closing bell Thursday, with traders expecting a big move from the e-commerce giant’s stock.Amazon (AMZN) shares are seen swinging up to 6%…
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