“Amazon SUED by FTC, Stocks Struggle, Bears are Back - BUY?!?!?”
Amazon's recent 3% drop prices in the FTC lawsuit risk; this creates a buy-the-dip opportunity.
Amazon got sued by the FTC. The wire feed tells us that Amazon's FT or the FTC's uh claim fundamentally misunderstands how advertisers operate and that the FTC's own complaint sites no evidence of consumer price increases.
You could see Amazon did get hammered initially all the way down to 257 from 261, just a little more than a 3% decline.