On Friday, Amazon.com, Inc. (NASDAQ:AMZN) shares sank 1.4% acknowledgment to a cheep binge by Admiral Donald Trump. Added specifically, Trump went on Twitter Inc (NYSE:TWTR) and fabricated the case that the United States Post Office, “which is accident abounding billions of dollars a year,” doesn’t allegation Amazon enough. As a result, AMZN banal amount affable lower, conceivably on fears that it will charge to pay added in aircraft in the future.
According to the president, USPS “should be charging MUCH MORE!” Of course, architect and CEO Jeff Bezos additionally owns the Washington Post, an aperture that Trump has criticized in the accomplished as well. So conceivably it’s aloof a ache adjoin Amazon, but for at atomic a day, it’s belief on AMZN’s banal price.
Unfortunately for the e-commerce giant, it’s activity out on a somewhat black note. Despite falling on the aftermost trading day of 2017, Amazon had a rather superb year, with AMZN banal ambulatory 56%.
So should investors anguish about a aircraft amount access acknowledgment to the Oval Office?
Put simply, Amazon’s accord with the Post Office isn’t acceptable a above issue. Whether Admiral Trump believes it’s a acceptable accord or not won’t acceptable appulse the accepted accord in place. It’s additionally absurd to appulse approaching negotiations. In
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