List of Flash News about AMZN price drop
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2025-04-29 13:00 |
Amazon Stock Drops Over 2% After Announcing Trump Tariff Transparency Amid White House Backlash
According to The Kobeissi Letter, Amazon announced this morning that it would display the cost of President Trump tariffs on each product, a move that triggered a strong response from the White House labeling it as a 'hostile and political act.' Following the announcement and the White House's reaction, Amazon stock ($AMZN) declined more than 2%, highlighting immediate negative market sentiment and elevated volatility for traders monitoring US-China trade tensions and e-commerce sector impacts (Source: @KobeissiLetter, April 29, 2025). |