Shares of e-commerce behemoth Amazon (AMZN) followed in the footsteps of the S&P 500 lower amid fears of the COVID-19 Omicron variant. Omicron, labeled as a variant of concern, threatens to slow the world economy's recovery. Despite this, the Federal Reserve is still set to raise rates in 2022. Indeed, stocks have been quite volatile. With various European nations at the cusp of locking down, investors must face the reality that the COVID-19 pandemic is not yet over. As we learn more about the Omicron variant, investors may fear that things could get ugly again, as they were in 2020.
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Amazon com (NASDAQ:AMZN)
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Amazon com (NASDAQ:AMZN)
Historical Stock Chart
Von Jan 2021 bis Jan 2022 Click Here for more Amazon com Charts.