Amazon stock price slips as AWS lands Nationwide deal and earnings loom
Amazon shares slipped 0.2% to $238.78 Monday, trailing gains in the S&P 500 and Nasdaq-100. AWS announced a new cloud services deal with UK lender Nationwide Building Society. Investors are awaiting Amazon’s earnings report and guidance on February 5. Phillip Securities downgraded the stock to “accumulate” but raised its price target to $290.