A member of the Pres. Trump administration has officially confirmed that Amazon as put in a bid to buy TikTok.
Shares of Amazon are currently up $5.39 at $197.52. That is just off the high of $197.64. Amazon's 200 day moving average is within sites at $200.31. Last week, the price moved above that moving average on its way to a high near $206.21 but gapped lower on Friday's trade and extended to new 2025 lows at $184.40 before rebounding modestly yesterday and much more today.
At lows this week, the price decline has been 25% from the 2025 high reached on February 14.
Meta shares which fell to a low off the initial reports to a low of $573.36, have since rebounded, and their shares are now up $5.50 or 0.94% at $591.10.
This article was written by Greg Michalowski at www.forexlive.com.Hence then, the article about trump administration official has confirmed that amazon has put in a bid to buy tiktok was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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