Amazon.com Inc (NASDAQ:AMZN) shares are trading lower Tuesday morning. The stock is down following a report from Bloomberg that early Prime Day sales figures have fallen short of last year’s initial performance.
What To Know: In the first four hours of the highly anticipated shopping event, sales were down nearly 14% compared to the same period in 2024, according to data from Momentum Commerce, which manages approximately $7 billion in annual sales on the platform for various brands.
