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Why Amazon Stock Dropped Today


Amazon (NASDAQ: AMZN) shareholders lost ground to the market on Thursday as the stock fell 3% by 3:30 p.m. ET, compared to a 1% drop in the S&P 500. The drop pushed the e-commerce giant below the market's return so far in 2022, down 11% since early January.

It came as investors brace for a potentially downbeat earnings report ahead in the next week.

Image source: Getty Images.

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Source Fool.com

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