Amazon.com's stock price (NASDAQ: AMZN) plunged 14% on Friday, as concerns regarding the online retail titan's slowing growth and rising costs drove many investors to sell their shares. Amazon's revenue rose 7% year over year to $116.4 billion in the first quarter. Amazon's pace of expansion has decelerated as the economy has reopened. Read More...
Amazon.com’s stock price (NASDAQ: AMZN) plunged 14% on Friday, as concerns regarding the online retail titan’s slowing growth and rising costs drove many investors to sell their shares. Amazon’s revenue rose 7% year over year to $116.4 billion in the first quarter. Amazon’s pace of expansion has decelerated as the economy has reopened.
