Why Amazon (AMZN) Dipped More Than Broader Market Today

Amazon (AMZN) ended the recent trading session at $236.71, demonstrating a -2.43% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 0.53%. On the other hand, the Dow registered a loss of 0.09%, and the technology-centric Nasdaq decreased by 1%. Coming into today, shares of the online retailer had gained 9% in the past month. In that same time, the Retail-Wholesale sector gained 5.07%, while the S&P 500 gained 2.06%. The investment community will be ...