Amazon Shares Dip Over 20% From November Peak, Enter Bear Market

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Amazon’s shares have tumbled more than 20% from their November 2025 record high, officially entering bear market territory. Market observers warn that another Magnificent Seven member could breach the same 20% decline threshold if the tech sell-off persists.

1. Bear Market Threshold Reached

Amazon’s stock decline of over 20% from its November 2025 all-time high meets the conventional bear market definition, reflecting significant profit-taking and valuation reset among mega-cap tech names.

2. Broader Tech Vulnerability

With interest rates remaining elevated and analysts rotating out of growth stocks, market participants caution that another Magnificent Seven constituent may soon join Amazon in bear territory, raising concerns about contagion in the sector.

Sources

FM