Retail Stocks Take Hits Monday as Amazon Prime Day Frenzy Looms
Shares of Amazon retail competitors took hits Monday ahead of Prime Day activities (see 1707100031). While Amazon closed the day up 1.81 percent, Best Buy shares dropped 6.3 percent to $54.23, Walmart slipped 2.8 percent to $73.23, Costco closed 2…
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percent down to $151, Barnes & Noble fell 4 percent to $7.15 and Target was off 1.7 percent to $50.18.