Key facts: Amazon's stock trades at a historic low, with a forward P/E ratio of 29.6x, significantly below its five- and ten-year averages, making it the cheapest among the 'Magnificent Seven' tech firms.
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- Amazon's stock trades at a historic low, with a forward P/E ratio of 29.6x, significantly below its five- and ten-year averages, making it the cheapest among the 'Magnificent Seven' tech firms.1
- Amazon settled with the FTC for $2.5 billion over misleading Prime membership practices. The deal includes a $1 billion penalty and $1.5 billion for consumer refunds.23
- A civil lawsuit claims Amazon used misleading tactics to push users into Prime memberships and make it hard to cancel subscriptions.4