Amazon Shares Plunge Amid Prime Air Crash Scrutiny
Amazon's Prime Air cargo aircraft crashed after landing at Miami International Airport, putting its logistics network in focus.
The incident comes as Amazon shares have eased in the short term with a 30-day share price return down 5.82%, but momentum remains positive over longer horizons.
Amazon is seen as a company of two sides: high-tech, high-margin segments like AWS and advertising, and lower-margin, higher-volume stores and third-party seller segments.
The most popular narrative on the stock pins its fair value far higher at $475.09, reflecting a view that the higher margin parts of the business will matter more over time.