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Here's How Much Traders Expect Amazon Stock To Move After Earnings

Key Takeaways Amazon (AMZN) is slated to report third-quarter earnings after the closing bell on Thursday, and some traders are betting the results can give the stock, the laggard of the Magnificent Seven so far this year, a big boost. Amazon stock is expected to move about 6% in either direction by the end of the week, according to recent options pricing data. A move of that magnitude, based on Monday's closing price, would put Amazon shares at about 241,theirhighestpricesinceearlyFebruary,or241, their highest price since early February, or 213. ...