E.U. regulator hits Amazon with record $887 million fine for data protection violations

Amazon plummeted nearly 7.6 percent, or $272.33, to $3,327.59 a share on Friday. A day earlier, it announced second-quarter results that fell short of expectations. The company, which saw tremendous numbers during the coronavirus pandemic as consumers did more of their shopping online, also warned that growth could slow in the coming quarters as they steadily return to in-person shopping.

Source: WP