Amazon stock price is relatively flat on Cyber Monday, with a change of only +0.67%. This is despite the fact that Cyber Monday is typically one of the biggest shopping days of the year.
There are a number of possible reasons for Amazon’s stock price being flat on Cyber Monday. One possibility is that investors are already expecting strong sales from Amazon, so the stock price has already been priced in. Another possibility is that investors are concerned about the overall health of the economy, which could lead to weaker consumer spending in the holiday season.
It is important to note that stock prices can fluctuate rapidly, and it is impossible to predict with certainty what Amazon’s stock price will do in the future. However, the fact that the stock price is flat on Cyber Monday suggests that investors are not expecting any major surprises from the company.
Overall, it is too early to say whether Amazon’s stock price will continue to rise or fall in the coming weeks and months. However, the company’s strong performance on Cyber Monday is a positive sign for investors.
Cyber Monday sales are expected to reach a record-breaking $12.4 billion this year
Cyber Monday is a great opportunity to save money on a wide variety of products, and it’s also a great way to get ahead of your holiday shopping.
According to Adobe, Cyber Monday sales are expected to reach a record-breaking $12.4 billion this year. That’s up from $10.7 billion in 2022. Adobe expects that shoppers will spend an average of $134.58 per order this Cyber Monday.
There are a number of factors that are contributing to the expected growth of Cyber Monday sales this year. One reason is that more and more people are shopping online. In fact, Adobe expects that online holiday shopping will reach $91.2 billion this year, up from $89.4 billion in 2022.
Another factor is that retailers are offering more and deeper discounts on Cyber Monday. This is because they know that Cyber Monday is one of the biggest shopping days of the year, and they want to attract as many shoppers as possible.
If you’re planning to shop on Cyber Monday, here are a few tips:
- Start planning your shopping list early.
- Do your research to find the best deals.
- Be prepared to shop early.
- Don’t forget to check your email and social media for special deals and promo codes.
