Amazon’s Bear Market Problematic for These ETFs
April 25, 2014 at 12:50 PM EDT
Shares of e-commerce giant Amazon.com (NasdaqGS: AMZN) are lower by more than 8.5% Friday after the company forecast second-quarter sales $18.1 billion to $19.8 billion. The $18.95 billion midpoint of that range is below the $19.03 billion analysts are expecting. The company is also forecasting a...