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Amazon's stock (NASDAQ:AMZN) has fallen 30% from its $242/share all-time high earlier this year.
Normally, seeing a third valuation wipe-out from a quality Mag7 business, investors would celebrate; however, the US-induced trade war with key manufacturing hubs, in particular
Analyst’s Disclosure: I/we have a beneficial long position in the shares of AMZN, MSFT, GOOGL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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