Amazon Drops, Spotify Tumbles, UPS Falls in Pullback from Amazon
On this episode of Stock Movers:- Amazon (AMZN) shares fall after the White House Press Secretary Karoline Leavitt said that the e-commerce company’s reported decision to display the impact of tariffs on pricing was a “hostile” act. The comments from Leavitt came after Punchbowl News reported that the e-commerce giant would “soon” begin displaying the cost of US tariffs on individual products next to the total listed price.- Spotify (SPOT) shares tumble after the streaming company reported operating profit that missed estimates even as it saw a surge in…
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