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2022-01-15

Amazon and TikTok will be big winners in ad market share - Cowen analyst

Cowen analyst John Blackledge said Thursday that Amazon(NASDAQ:AMZN)and TikTok will be the biggest g

Amazon and TikTok will be big winners in ad market share - Cowen analyst

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It&#39;s set up really well,&#34; he said.</p><p>AMZN dipped in Thursday&#39;s intraday trading, slipping nearly 2% to reach $3,241.96 at about 3 p.m. ET. Shares of the online retailer had a choppy 2021, rising to a 52-week high of $3,773.08 in July but spending the remainder of the year in a wide range off that peak.</p><p>All told, AMZN has gained just 6% over the past year. 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It's set up really well,\" he said.AMZN dipped in Thursday's intraday trading, slipping nearly 2% to reach $3,241.96 at about 3 p.m. ET. Shares of the online retailer had a choppy 2021, rising to a 52-week high of $3,773.08 in July but spending the remainder of the year in a wide range off that peak.All told, AMZN has gained just 6% over the past year. This is well behind the 26% gain seen in the S&P 500 and less than a tenth of the 63% growth posted by GOOGL over the same period,as seen in this graph.","news_type":1},"isVote":1,"tweetType":1,"viewCount":938,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":1,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}