Amazon Stock Has Underperformed the S&P 500 and Nasdaq-100 Since Jeff Bezos Stepped Down as CEO
Since Jeff Bezos stepped down as Amazon's CEO in 2021, the company has underperformed both the S&P 500 and Nasdaq-100. Over this period, Amazon delivered an average annualized return of just 6.8%, compared to 11.5% for the S&P 500 and 14.2% for the Nasdaq-100.
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Topics: AI investments Amazon cloud computing stock performance