Amazon Stock Dips Amid Legal Fights, But $3 Trillion Ambitions Loom – What Investors Should Know
Amazon shares fell about 3% on Sept. 23, closing near $221 after the FTC launched a trial over alleged deceptive Prime cancellation practices. The stock is up 4% in 2025 but trails the S&P 500. Amazon’s market cap stands at $2.4 trillion, with analysts maintaining a strong buy consensus and a $263 average price target. Ongoing legal battles and Fed warnings have added to recent volatility.