The online retailer is seeing its stock fall since the start of FY 2022 similar to all growth stocks as U.S. Federal Reserve Chair Jerome Powell hinted that an increase in interest rates will be sooner rather than later, which has shifted investors toward safer assets.
The online retailer is seeing its stock fall since the start of FY 2022 similar to all growth stocks as U.S. Federal Reserve Chair Jerome Powell hinted that an increase in interest rates will be sooner rather than later, which has shifted investors toward safer assets.
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