Stock Market News

Amazon shares tumble almost 8% in Frankfurt

08/02/2024

Less than a minute

2024.08.02 02:15

© Reuters. The logo of U.S. online retailer Amazon is displayed at a logistics centre in Trapagaran, northern Spain, November 22, 2023. REUTERS/Vincent West/File Photo

(Reuters) – Amazon (NASDAQ:) shares fell almost 8% in early trading in Frankfurt on Friday after reporting slowing online sales growth in the second quarter and noting consumers were seeking out cheaper options for purchases.

Shares in the company fell almost 8% in after-hours trading in New York on Thursday. They were last down 7.9% at 157 euros on the German market on Friday.

08/02/2024

Less than a minute

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