Learn the MarketEducation9d ago

AMAZON STOCK ALERT: AMZN Crashes 2.5% as FTC Sues Amazon Over $20 BILLION Ad Claims

World Trends · via YouTube

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Covers AMZN from World Trends. Surfaced because it matches a company page on What’s Your Call?.

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Amazon stock (NASDAQ: AMZN) is under pressure after the FTC and 22 state attorneys general filed a major lawsuit against Amazon over its online advertising auction practices. Amazon closed at $259.77, down 2.50%, while approximately $86 billion in market value was erased during the sell-off. The FTC alleges Amazon overcharged advertisers by roughly $20 billion since 2019, potentially affecting more than 1 million b…

Companies mentioned

AMZNSPY
AMZNAmazon.com Inc.

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