Amazon to Weigh on Nasdaq, Retail ETFs
April 27, 2011 at 08:23 AM EDT
Disappointing quarterly results from Amazon (NasdaqGS: AMZN) will weigh on retail exchange traded funds (ETFs) on Wednesday as the stock lost 1% in premarket trading. “Results well exceeded [on the] top line but disappointed on margins,” said Evercore Partners analysts. Amazon also missed on...