In: Finance
analyses and explain amazon stock price in June
date |
close |
volume |
open |
high |
low |
change in price |
6/3/19 |
1692.69 |
9098708 |
1760.01 |
1766.29 |
1672 |
|
6/4/19 |
1729.56 |
5679121 |
1699.24 |
1730.82 |
1680.89 |
36.87 |
6/5/19 |
1738.5 |
4239782 |
1749.6 |
1752 |
1715.2514 |
8.94 |
6/6/19 |
1754.36 |
3689272 |
1737.71 |
1760 |
1726.13 |
15.86 |
6/7/19 |
1804.03 |
4808246 |
1763.7 |
1806.2538 |
1759.49 |
49.67 |
6/10/19 |
1860.63 |
5371007 |
1822 |
1884.87 |
1818 |
56.60 |
6/11/19 |
1863.7 |
4042694 |
1883.25 |
1893.7 |
1858 |
3.07 |
6/12/19 |
1855.32 |
2678335 |
1853.98 |
1865 |
1844.38 |
-8.38 |
6/13/19 |
1870.3 |
2795810 |
1866.72 |
1883.09 |
1862.22 |
14.98 |
6/14/19 |
1869.67 |
2851163 |
1864 |
1876 |
1859 |
-0.63 |
6/17/19 |
1886.03 |
2634342 |
1876.5 |
1895.688 |
1875.45 |
16.36 |
6/18/19 |
1901.37 |
3895728 |
1901.35 |
1921.67 |
1899.79 |
15.34 |
6/19/19 |
1908.79 |
2895347 |
1907.84 |
1919.5807 |
1892.47 |
7.42 |
6/20/19 |
1918.19 |
3217153 |
1933.33 |
1935.2 |
1905.8 |
9.40 |
6/21/19 |
1911.3 |
3933576 |
1916.1 |
1925.95 |
1907.58 |
-6.89 |
6/24/19 |
1913.9 |
2282969 |
1912.66 |
1916.86 |
1901.3 |
2.60 |
6/25/19 |
1878.27 |
3012347 |
1911.84 |
1916.385 |
1872.42 |
-35.63 |
6/26/19 |
1897.83 |
2441910 |
1892.48 |
1903.8 |
1887.32 |
19.56 |
6/27/19 |
1904.28 |
2141721 |
1902 |
1911.24 |
1898.04 |
6.45 |
6/28/19 |
1893.63 |
3037358 |
1909.1 |
1912.94 |
1884 |
-10.65 |
Opening price for June month = $ 1760.01
Closing price for June = $ 1893.63
Highest price for June = $ 1935.2
Lowest price for June = $ 1672
highest inter day increase in price for June = $ 56.60
Highest inter-day decrease in price for June = $ 35.63
% Change in price for June = ( 1893.63 - 1760.01 ) / 1760.01 = 7.59 %
It was announced on June 1 that anti-trust investigations will be conducted by Federal Trade Commission (FTC) against Amazon and other tech companies. This news impacted the stock price of Amazon on the first day of June and the stock price fell by $ 67.32 to $ 1692.69.
In the subsequent days of the june, the financial analysts assured the investors about the near term sales prospects of the company. Also there was some degree of doubt whether Amazon will actually face scrutiny from regulators and if so, then what will be the extent of regulations.
This resulted in stock price appreciating in june 2019.