5 Retail Stocks Suffering Markdowns

These retailers are being dragged down by heavy selling

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5 Retail Stocks Suffering Markdowns

Amazon (AMZN)

Amazon (AMZN) is suffering from the selling pressure hitting both big tech stocks as well as retailers.

AMZN chart 5 Retail Stocks Suffering Markdowns
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The company, which is struggling to make its revenue-growth-at-all-costs model actually turn a profit, is threatening to fall through its February support lows in what could potentially be the first major breakdown for the stock since late 2011.

Amazon’s troubles show that not even internet retailers are immune to the challenges in the retail sector.


Article printed from InvestorPlace Media, http://investorplace.com/2014/03/5-retail-stocks-suffering-markdowns/.

©2014 InvestorPlace Media, LLC

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