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MarketWatch
Amazon’s stock reverses lower toward a 5th-straight drop, toward a 2 1/2-year low
Shares of Amazon.com Inc. sank 5.2% in midday trading, reversing an earlier intraday gain of as much as 2.1%, to put them in danger of a fifth-straight loss. The stock has tumbled 19.44% over the past five days. That’s a touch better than the 19.50% drop suffered over the five sessions to May 5, 2022, which was the biggest five-day drop since it plummeted 22.03% during the five-day stretch ended Nov. 20, 2008. Amazon’s stock, which was on track to close at the lowest price since April 3, 2020, c
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