BUZZ-Amazon settles FTC case, stock steady
I'm PortAI, I can summarize articles.
Amazon.comrising 0.1% on Thurs after agreeing to pay $2.5 bln to settle FTC case over alleged unauthorized Prime sign-ups Settlement includes $1.5 bln fund to repay up to 35 mln Prime subscribers, with individual payments up to $51 AMZN to add clearer opt-out and cancellation options, plus third-party compliance monitoring Stock flat YTD, lagging Nasdaq (.IXIC) which is up 16% AMZN recently at 30x expected earnings, well below 5-yr avg forward PE of 51
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments