Amazon shares dip on growth concerns
(Reuters) - Amazon.com Inc shares fell to their lowest level since late March on Thursday on concern about sales growth during the online retailer's crucial fourth quarter. Goldman Sachs analysts said in a note from Wednesday that Amazon has typically bested overall online sales growth by 23 points. comScore reported earlier this week that online holiday spending in the U.S. rose 15 percent to a record $35 billion from November 1 to December 26, versus the comparable period last year.
29 December 2011•2 mins read
