Why Amazon Stock Fell Today
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What happened
Shares of Amazon (NASDAQ: AMZN) declined on Friday after FedEx (NYSE: FDX) reported a steep drop in profits amid a downturn in global shipping volumes. As of 2:25 p.m. ET, Amazon’s stock price was down roughly 3%.
Shares of Amazon (NASDAQ: AMZN) declined on Friday after FedEx (NYSE: FDX) reported a steep drop in profits amid a downturn in global shipping volumes. As of 2:25 p.m. ET, Amazon’s stock price was down roughly 3%.
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