Sweetgreen Falls, Amazon Downgraded, Capital One Nears Discover Deal
On this episode of Stock Movers: - Sweetgreen (SG) shares fell on news the salad restaurant chain's COO would leave the company. Bank of America also cut its price target from $36 to $31. - Amazon (AMZN) was downgraded by Raymond James on anticipation that earnings will come under pressure from its increasing investments and the steep US tariff increases on imports from China. Amazon shares are down more than 30% off a February peak, participating in the broad-based market slump that has largely come on tariff uncertainty. The stock fell 3.4% on Monday, on track for both its fifth straight…
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