Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Stocks

Amazon Stock Drops 2.50% Amid FTC Lawsuit Fears

Guavy AI Editorial Team
Instruments
AMZN
Share

Amazon's stock price closed down 2.50% at $259.77 on Monday, August 31, 2026, in the regular Nasdaq session.

This decrease erases part of the gain made in the previous Friday session and is triggered by news of a planned Federal Trade Commission (FTC) lawsuit against Amazon over its advertising practices.

Rosenblatt analyst Scott Devitt maintains a Buy rating on Amazon stock with a price target of $335, projecting AWS growth to reach 45% by the end of 2026 and AWS revenue to surpass $335 billion by 2028.

More on Stocks

Stocks just now

JPMorgan Traders Hold Back on US Stocks Amid Inflation and Growth Concerns

Stocks just now

Reckitt Benckiser Group Price Target Hiked by JPMorgan to GBX 6,500

Stocks 1m ago

JP Morgan Stock May Be 27% Undervalued Amid Stablecoin Plans

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy