Amazon Stock Rebounds From Slump: AI Ambitions and $2.5B FTC Deal Ignite $3 Trillion Hopes
Amazon shares trade near $216–$217, up just 3% year-to-date and trailing the Nasdaq’s 15% gain. The stock remains 7–9% below its February peak after a 5% drop in early October. Amazon settled an FTC probe for $2.5 billion in late September. Wall Street remains bullish, with most analysts targeting $266–$275 over 12 months.