News
Amazon Surges 4.98% on October 19
Amazon (AMZN) surged 4.98% on October 19, closing at $262.45, with trading volume reaching approximately 54.7 million shares, roughly 40% above its three-month daily average. The stock significantly outperformed the Nasdaq Composite, which gained 1.11%. Morgan Stanley named Amazon a top pick, maintained its Overweight rating, and raised its price target from $335 to $350, implying approximately 33% upside from the latest closing price.