The Story
News Summary
- The FTC and 22 states sued Amazon, alleging the company secretly manipulated ad auctions to extract over $20 billion from 1.2 million advertisers.
- The lawsuit targets Amazon's highly lucrative advertising unit, seeking civil penalties and an injunction, adding heavy regulatory headwinds to AMZN stock.
Explore AMZN price history & advisor snapshot
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Stored market data
AMZN price history
245.96
+5.46% over the displayed period
Advisor Snapshot
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