Amazon (AMZN -2.5%) is closing with losses ahead of tomorrow's Q3 report after Barclays cut estimates, citing slowing revenue growth. Though still taking share from e-commerce and bricks & mortar rivals alike, Amazon has been struggling to deal with Europe's macro and forex headwinds, and now also has U.S. sales tax collections to contend with. Some concerns are priced in: shares are down 12% from their Oct. 4 close.
Amazon (AMZN -2.5%) is closing with losses ahead of tomorrow's Q3 report after Barclays cut...
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Symbol | Last Price | % Chg |
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AMZN | - | - |
Amazon.com, Inc. |