Q3 Earnings Highlights: Amazon (NASDAQ:AMZN) Vs The Rest Of The Online Retail Stocks

The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how online retail stocks fared in Q3, starting with Amazon (NASDAQ:AMZN). Consumers ever rising demand for convenience, selection, and speed are secular engines underpinning ecommerce adoption. For years prior to Covid, ecommerce penetration as a percentage of overall retail would grow 1-2% annually, but in 2020 adoption accelerated by 5%, reaching 25%, as increased empha ...