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Stockreport

Exclusive-Some Amazon sellers are pulling out of Prime Day amid Trump tariffs [Yahoo! Finance]

Amazon.com, Inc. (AMZN)  More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Some third-party merchants who previously sold China-made goods during Amazon's premier July shopping event are sitting it out this year or reducing the amount of discounted merchandise they offer. The planned pullback, which hasn't been previously reported, is a way for sellers to protect profit margins amid the U.S.-China trade war triggered by steep tariffs placed by U.S. President Donald Trump on Chinese goods, according to four merchants and six consultants collectively advising hundreds of Amazon sellers. Among them is Steve Green, who sells $230 bicycles and $60 skateboards from China on Amazon's online marketplace. Green said he's skipping Prime Day for the first time since 2020. He's holding back merchandise he imported before Trump's tariffs took effect on April 9, to sell later at full price. The China tariffs, which stand at 145%, will more than double his costs of goods on newly imported merchandise, making it "unaffordable," he said. Similarly, Kim Vaccarella, c [Read more]

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Stockreport

Exclusive-Some Amazon sellers are pulling out of Prime Day amid Trump tariffs [Yahoo! Finance]

Amazon.com, Inc.  (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Some third-party merchants who previously sold China-made goods during Amazon's premier July shopping event are sitting it out this year or reducing the amount of discounted merchandise they offer. The planned pullback, which hasn't been previously reported, is a way for sellers to protect profit margins amid the U.S.-China trade war triggered by steep tariffs placed by U.S. President Donald Trump on Chinese goods, according to four merchants and six consultants collectively advising hundreds of Amazon sellers. Among them is Steve Green, who sells $230 bicycles and $60 skateboards from China on Amazon's online marketplace. Green said he's skipping Prime Day for the first time since 2020. He's holding back merchandise he imported before Trump's tariffs took effect on April 9, to sell later at full price. The China tariffs, which stand at 145%, will more than double his costs of goods on newly imported merchandise, making it "unaffordable," he said. Similarly, Kim Vaccarella, c [Read more]

IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS