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Why Amazon shares fell despite 12% annual surge

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Amazon stock experienced downward pressure Friday morning as reports circulated that the e-commerce giant is preparing to implement workforce reductions in the coming weeks. Despite posting impressive gains over the past year, shares of the Seattle-based company slipped in pre-market trading as investors digested news about potential layoffs affecting thousands of employees. Stock performance amid […]

The postWhy Amazon shares fell despite 12% annual surgeappeared first onRolling Out.

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