Amazon Stock Falls 7% As Pandemic Sales Boom Appears to Stall
Earnings report shows miss on sales, forecast for third-quarter suggests a slowdown in e-commerce activity is expected to continue — ‘There have been some noticeable intra-quarter changes in our revenue run rate,’ CFO says
Amazon.com Inc. sales growth slowed down in the second quarter of the year as brick-and-mortar stores reopened across the U.S., sending shares south in after-hours trading Thursday.
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