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Stock impact report

Amazon Shares Will Continue To Surge After Pandemic Subsides, Mark Cuban Says [Yahoo! Finance News]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Amazon.com Inc.AMZNWhat HappenedThe pandemic has forced inherent changes in consumer behavior, the Dallas Mavericks ownertold CNBC"People who weren't comfortable dealing with Amazon for consumables, for food, for produce even, I think they've gotten to that habit now," Cuban told CNBC."I think Amazon just takes off," said Cuban, a longtime shareholder of Amazon's stock. "I think it goes up, up, up, up, up."The "Shark Tank" star said that consumers being scared of going back to physical stores will also play a role in keeping the demand for Amazon's services high.Why It MattersAmazon shares closed Monday's session 0.8% higher at $2,393.61. The stock is up 29.5% year-to-date.The e-commerce giant last weekadded 100,000 peopleAmazon has announced a host of measures to support employees during the pandemic, including grants paid leaves for those who contract COVID-19, and an additional relief fund. Nevertheless, workers have protested what they say are lack of safety measures across Amazon Show less Read more
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