Amazon Stock Extends Losses After FTC Lawsuit Over Ad Practices

Amazon (AMZN) stock prolonged its losses to a second day Tuesday, after the tech giant was hit by a lawsuit from the Federal Trade Commission and 22 states over its promoting practices. Amazon stock fell more than 2% to 254.14 on the stock market right this moment. Shares fell 2.5% following information of the FTC lawsuit Monday afternoon. Amazon stock are approaching…