Amazon.com Loses Ground on Comments
Amazon.com
(AMZN) - Get Amazon.com Inc. Report
was down 9.4% in late morning after
Banc of America Securities
said is becoming "incrementally more cautious" on the online retailer.
Other Internet merchants were also lower after a recent run-up that began with the start of the holiday shopping season Friday.
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eToys
(ETYS)
, which rose 64% in the two previous sessions, was down 23.4% today.
Buy.com
(BUYX)
was down 13%.