asked 203k views
17 votes
Now look at the 5-year performance of Amazon. What do you think explains the general upward trend of the stock price?

asked
User Pkp
by
8.0k points

2 Answers

4 votes

Answer:

Explanation:

answered
User Steven Kryskalla
by
8.8k points
9 votes

Answer:

expansion

Explanation:

I believe that the biggest reason for the general upward trend in the stock price is expansion. Amazon has expanded their company immensely over the last 5 years. They have also expanded into different markets such as drones, gaming, cloud streaming, video streaming, etc. All of these expansions and acquisitions have been incredibly profitable for Amazon and therefore reflect on the stock price. This also gives investors faith that the future of the company will continue growing which causes them to buy more stocks and therefore increase the price.

answered
User Kknd
by
9.1k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.