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Amazon News Destroys Walmart & Target Stock Price (DIP BUY?)

May 29, 2023
in Trade Tube
Reading Time: 1 min read
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Huge shoutout to Cory with in the LPP team for quickly finding the news that drove the price down for Walmart & Target! Amazon is making one-day shipping the standard for all Prime members. The move will put pressure on retailers like Walmart and Target to respond and spend more money to make sure they can meet shoppers’ delivery expectations. Target and Walmart shares are tumbling on Friday, following Amazon’s announcement.

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