Why Amazon Stock Slipped on Friday

Why Amazon Stock Slipped on Friday
·2 min read

Shares of e-commerce and cloud computing giant Amazon (NASDAQ: AMZN) are taking a punch in the gut today. The slide is likely primarily due to bearishness in the overall market today, especially for growth stocks like Amazon. The market's sell-off on Friday seems to be prompted by Netflix's (NASDAQ: NFLX) post-earnings 20%-plus drop.

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