Amazon Stock Breaking Out to New All-Time High
After initially falling sharply during the coronavirus market sell-off, shares of Amazon.com (NASDAQ: AMZN) have rebounded dramatically. Indeed, the stock breaking out to new all-time high puts Nasdaq back in the green for 2020. Putting the stock’s recent rebound into perspective, shares are up 30% since March 30.
Will bitcoin be the next to be seen as safe haven by global investors in the COVID-19 crisis?