Amazon (AMZN) Stock:Drop as Institutional Investor Trims Holdings

TLDR Amazon shares fall 2.06% as an institutional firm cuts its position by 2.3% AWS revenue jumps 36.7% to $42.2 billion, while Amazon reports $200.6B revenue Amazon posts $5.75 EPS, beating the cited $1.82 analyst estimate for the quarter Amazon stock tests $252.50 support after falling sharply from the $259.77 level Institutional funds hold 72.2% [...]

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