The Story
News Summary
- Amazon shares dropped after the FTC and 22 states filed an antitrust lawsuit alleging it rigged sponsored-product ad auctions and extracted over $20 billion from sellers.
- The legal action directly threatens Amazon's high-margin advertising division, which generated $19.8 billion in revenue last quarter.
Explore AMZN price history & advisor snapshot
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Stored market data
AMZN price history
248.60
+8.48% over the displayed period
Advisor Snapshot
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