Amazon Stock Plunges in Wake of Target, Walmart Debacles. This Is Why.

Amazon.com shareholders just got another reality check from Walmart and Target.

The surprising inability of two major U.S. retailers to contain inflationary pressures—along with rising evidence of weakening shopping behavior—mean that Amazon’s (ticker: AMZN) road to e-commerce business recovery may have become more difficult.

Leave A Reply

Your email address will not be published.