Amazon shares are trading higher after Loop Capital reportedly issued bullish commentary on the stock. It was also reported the EU will open a probe into the company's iRobot deal.
Portfolio Pulse from Benzinga Newsdesk
Amazon shares are trading higher following bullish commentary from Loop Capital. The EU is also set to open a probe into Amazon's iRobot deal.
June 22, 2023 | 3:05 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Amazon's stock is trading higher due to Loop Capital's bullish commentary, but the EU's probe into the iRobot deal may create uncertainty.
Loop Capital's bullish commentary on Amazon has led to a positive impact on the stock price. However, the EU's probe into the iRobot deal may create uncertainty and potential regulatory issues, which could affect the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100