Amazon Stock Continues to Slide After FTC Lawsuit
Amazon.com Inc (NASDAQ:AMZN) shares are falling on Tuesday, continuing to feel pressure after the Federal Trade Commission announced a lawsuit against the company.
Amazon's stock price is going down because the government filed a lawsuit—which is like a formal complaint—against the company. When big companies face legal trouble, people sometimes worry about what might happen, so they sell shares; watch to see if the company wins or settles the case.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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