Amazon shares tumble 4.6% after FTC ad-overcharge allegations
Amazon (AMZN) fell about 4.6% to $254.18 Tuesday after the FTC and 22 states alleged Amazon rigged sponsored-product auctions and extracted more than $20 billion in ad overcharges.
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Amazon (AMZN) fell about 4.6% to $254.18 Tuesday after the FTC and 22 states alleged Amazon rigged sponsored-product auctions and extracted more than $20 billion in ad overcharges.