Wednesday shares of Amazon.com Inc hit lowest levels since March, slipping 30 cents and moving from $170.25 earlier to closing at $180.21. Mid-October shares were at a record $246.71, 35% up for the year to date. The drop happened on concern that its big spending and aggressive pricing will gain well come holiday season through [...]
Profit Concern Causes Amazon Share Drops
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December 16, 2011 By Leave a Comment
