This Warren Buffett Stock Is Down 25% in 2022. Can It Bounce Back?
Amazon (NASDAQ: AMZN) has earned a spot in Warren Buffett's Berkshire Hathaway portfolio. The e-commerce retailer is buzzing with the news of its recent stock split. While the split takes center stage, it's easy to forget the company's struggles in 2022, which led to the price falling by 25%, split-adjusted.
What has caused Amazon's stock to be down considerably this year, and is it likely to bounce back?
Image source: Getty Images.
Source Fool.com