Amazon's Growth Is Slowing: Why That's No Reason to Worry
At the pandemic's onset, economies worldwide put in place varying forms of stay-at-home orders. Additionally, governments forced non-essential retailers to shut their doors to the public.
Amazon (NASDAQ: AMZN) was not asked to halt operations. The company's business was built to thrive in such an environment. Thrive it did. In the four quarters that followed the outbreak, revenue grew by nearly 40% each quarter from the year before. But now that billions of people are vaccinated against COVID-19 and economies are reopening, sales are slowing for Amazon. However, that should not be any cause for concern among Amazon shareholders.
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Source Fool.com
