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Amazon and the Strange Case of the Zillow Stock Selloff


Amazon and the Strange Case of the Zillow Stock Selloff

Don't believe everything you read, and most importantly, don't believe everything you read on the internet. Here is a tale of what can happen when a rumor, unconfirmed by either Amazon.com (NASDAQ: AMZN) or Zillow (NASDAQ: ZG) (NASDAQ: Z), is taken up by social media as fact, and is used to buy or sell a stock.

The result can ruin a portfolio.

Image source: Zillow Group.

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Source: Fool.com

Amazon.com Inc. Stock

€165.98
0.070%
With only a change of €0.12 (0.070%) the Amazon.com Inc. price is nearly unchanged from yesterday.
The stock is one of the favorites of our community with 154 Buy predictions and 1 Sell predictions.
As a result the target price of 189 € shows a slightly positive potential of 13.87% compared to the current price of 165.98 € for Amazon.com Inc..
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