Amazon Drops 14.8% on eToys Sales Worries
Amazon.com (AMZN) - Get Amazon.com, Inc. Report was down 14.8% in midmorning, falling in sympathy with other online retailers in the wake of a warning about sluggish holiday sales from eToys (ETYS) .
Barnes&Noble.com
(BNBN)
was also down, falling 8.3% to a 52-week low of $1.72 after
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Goldman Sachs
cut revenue estimates. Goldman also lowered its revenue outlook for
Ashford.com
(ASFD)
. Ashford fell 45.5%. eToys, meanwhile, was continuing to get hammered, down 72.7% after dipping to a low of 25 cents.
