Mystic Asset Management Inc. Makes New Investment in Amazon.com, Inc. $AMZN
MarketBeat
Mystic Asset Management Inc. has made a new investment in Amazon.com, Inc., purchasing 25,661 shares valued at approximately $6.1 million during the second quarter, making it their 16th biggest holding. This comes as institutional investors collectively own 72.2% of Amazon, with several major firms increasing or establishing positions. Despite strong quarterly results and a "Moderate Buy" consensus from analysts, concerns remain regarding rising AI capital spending, insider selling, and regulato
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