Could This Be a Yellow Flag for Amazon Stock in December?
Amazon (NASDAQ: AMZN) could use some good news. The company's growth is slowing. It's generating negative free cash flow. The stock has plunged close to 45% year to date.
But the latest data from advertising technology company Captify about online searches on Black Friday wasn't what Amazon needed. Could it even be a yellow flag for Amazon stock in December?
Last year, Amazon ranked No. 1 in Captify's list of the most-searched retailers on Black Friday. However, the e-commerce giant didn't retain its leading position based on online searches tracked by the adtech company this past Friday morning.
Source Fool.com