AMZN Spring Cleaning: Prime & Seasonal Sales Show Resiliency
Schwab Network · Schwab Network
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Show Notes
Amazon (AMZN) has fallen 20% off its all-time high, though LikeFolio's Megan Brantley believes the company remains resilient. She talks about the "convenience that's really hard to give up" with Amazon that makes its prime membership numbers sticky. However, Megan points to waning web visits as a slowdown signal despite seasonal sales gaining traction.
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