Amazon (AMZN) Opportunistic Adding Shifts to Forced Hedge Fund Selling - Morgan Stanley
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Price: $253.71 +1.00%
Rating Summary:
68 Buy, 7 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 1 | Down: 3 | New: 13
Rating Summary:
68 Buy, 7 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 1 | Down: 3 | New: 13
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Morgan Stanley's trade desk says opportunistic adding in Amazon (NASDAQ: AMZN) transitioned into Hedge Fund selling. The desk says Brick-and Mortar Retail strength likely exacerbated matters which resulted in AMZN breaking $1500 in the final hours.
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