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AMZN
benzinga.com
130 days

Trump Tariff Turmoil Hits ValueAct's Amazon Stake, But Well-Timed Salesforce Sell Pays Off - Amazon.com (NASDAQ:AMZN), Salesforce (NYSE:CRM)

1. ValueAct acquired 536,900 AMZN shares for $122 million. 2. AMZN has dropped 20.81% due to new tariff policies. 3. ValueAct's AMZN investment declined by $25 million post-purchase. 4. Trump's tariffs triggered significant declines across major indices. 5. ValueAct shows a mixed investment record in technology sectors.

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FAQ

Why Bearish?

The substantial drop in AMZN’s stock price due to tariffs suggests ongoing market pressure, akin to prior tariff impact cases affecting overall tech stock performance.

How important is it?

The article directly discusses ValueAct's recent investment in AMZN, aligning with external market pressures affecting stock performance.

Why Short Term?

The immediate impact of tariffs and market sentiment could influence AMZN's stock for the next few quarters, as seen in past tariff-related sell-offs.

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