Why Amazon stock jumped 23% in January 2023.
According to S & P Global Market Intelligence the Amazon stock finished up by 23 % .
The border tailwinds in the market were a big reason for Amazon’s gain.
The Federal Reserve would continue to slow its interest rate hikes.
Main reason of stock gain is there were several new items
Amazon announced that it would open its Buy with program to any eligible sellers in the U.S.
New buy policy of Amazon move dramatically expends the market for Amazon’s logistics services.
New plan RxPass that allows customers to get common generic medications delivered for a flat monthly fee of $5.
Analysts expect just 6% top-line growth.