AM
AMZN
-2.3%🟢 Fundamentally supportedAmazon.Com Inc · Consumer Cyclical
$248.98Vol 40.53M · 1.1× normalMkt cap −$62.34BMarket closed — 2026-10-16 session
What happened
Move
-2.3%
Price
$248.98
Volume
40.53M
1.1× normal
Market cap
$2.69T
−$62.34B today
Why it moved
Earnings releasemedium confidence
- Amazon Is 11% Below Its High Heading Into Earnings on Oct. 29. Here's the 1 Number That Will Decide What Happens Next. — finnhub-news
- Amazon's $70 screenless fitness band improves physical and mental health — finnhub-news
Possible catalyst: earnings release, 1.6pp below its sector.
Verdict — was the move justified?
🟢 Fundamentally supported
Earnings release — direction and rough magnitude are consistent with the identified fundamental catalyst.
How unusual is this move
σ score
1.6σ
vs own 20d volatility
Percentile
76th
of 1279 daily moves
Avg daily move
±1.6%
own 5y average
vs sector
-1.6%
beyond sector median
What happened after similar moves
190 similar down moves in AMZN’s 5-year history:
After 5 days
+0.4%
53% higher
After 20 days
+1.1%
57% higher
Median of same-direction moves within ±35% magnitude band. Past patterns don’t predict outcomes — context, not signal.
Fundamental context
V 50G 70P 77H 87Q 65EW 36/65
Insider activity (90d): net selling $6.68M
Valuation context
P/E (TTM)
19.9
5y median 54.7
P/E percentile
2%
vs own 5y history
FCF yield
-0.0%
Trading cheaper than 98% of its own historical valuation range.
Full fundamental analysis on PreMarketPrice
Pillar scores, financial statements, valuation history, news & more for AMZN