Amazon.com Inc. shares closed at $220.69 on November 21, 2025, down from $232.87 on November 17, reflecting a notable pullback over the week. The decline is not linked to any negative company-specific news but is instead driven by broader market concerns about an 'AI bubble,' macroeconomic jitters, and sector-wide volatility, particularly after high-profile commentary on AI valuations and capital expenditures. Analysts and market commentary emphasize that Amazon's core businesses—AWS, advertising, and subscriptions—remain strong, with record backlogs and operating margins at all-time highs. The recent selloff is seen as sentiment-driven, with technical analysts highlighting the $218–211 range as a key accumulation zone for long-term investors.