✉news BusinessRetail first seen 4 d ago, last 5 h ago, peak #5
Amazon CEO Jassy Says Investors Undervalue Its Retail Business
Original: Amazon CEO Andy Jassy Says Investors Are ‘Sleeping a Bit’ on Retail as AMZN Stock Falls 7% in 6 Months
Amazon chief executive Andy Jassy said investors are 'sleeping a bit' on the company's retail operations, arguing the market underappreciates that side of the business. His comments come as Amazon shares have fallen about 7% over the past six months, drawing attention to the gap between the retail arm's performance and the valuation focus on cloud and AI.
Why now: Amazon's stock decline and Jassy's remarks have put the market's valuation of its retail business in focus.
Evidence
- Amazon CEO Andy Jassy Says Investors Are ‘Sleeping a Bit’ on Retail as AMZN Stock Falls 7% in 6 Months · Yahoo Finance
- Amazon CEO Andy Jassy Says Investors Are ‘Sleeping a Bit’ on Retail as AMZN Stock Falls 7% in 6 Months · Benzinga
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