Amazon A Healthy Massage

Amazon shares were a hot item before the holidays kicked in. From its lows in late summer, investors bid up the price of Amazon more than 60% to $43. In addition to a cheery holiday outlook for online retailing, the stock’s swift rise was fueled by an August promise by the company to spend $500m repurchasing stock. But as Amazon share price headed north, it highlighted an uncharacteristic disparity between the bullish sentiment of investors and the unusually sceptical perspective of Wall Street...