5 hours Wells Fargo downgrades Amazon on slowing growth expectations & Walmart competition Reddit
Amazon Inc. shares fell on Monday, following a rare analyst downgrade that cited concerns over margin trends into next year, which growth in the cloud computing business is unlikely to compensate for. Wells Fargo Securities cut the stock to equal weigh…
Amazon (AMZN) · Business · Tech · Walmart (WMT) · Wells Fargo&Co (WFC)