Shares of Amazon.com Inc. sank in afternoon trading Monday, putting them on track to suffer the longest losing streak in 13 years, as the triple threat of disappointing earnings, regulatory concerns and the broader stock-market selloff has weighed heavily on the e-commerce and cloud giant’s valuation. Read More...
Amazon stock suffers longest losing streak in 13 years
Shares of Amazon.com Inc. sank in afternoon trading Monday, putting them on track to suffer the longest losing streak in 13 years, as the triple threat of disappointing earnings, regulatory concerns and the broader stock-market selloff has weighed heavily on the e-commerce and cloud giant’s valuation.
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