Why Amazon Stock Slipped on Friday

Shares of e-commerce and cloud computing giant Amazon (NASDAQ: AMZN) are taking a punch in the gut today. Despite the stock already having slid sharply year to date, shares fell more than 4% on Friday. As of 1:25 p.m. ET, the stock was down 4.2%.

The slide is likely primarily due to bearishness in the overall market today, especially for growth stocks like Amazon.

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Source Fool.com