Fool.com contributor Parkev Tatevosian discusses the factors driving Amazon's (AMZN +1.63%) stock price higher.
*Stock prices used were the afternoon prices of June 19, 2024. The video was published on June 21, 2024.
Why Is Amazon Stock Price Soaring?
Customers have demonstrated a willingness to pay for convenience.
By Parkev Tatevosian, CFA – Jun 22, 2024 at 10:05AM EST
Read Next
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
Stocks Mentioned
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.