What's happening
- Stock down 6.51% over the past week and 7.99% over the past month, with Friday's 3.06% decline to $246.03 part of a broad tech selloff.
- Iran-related shipping disruptions have driven freight costs higher heading into a June Prime Day, threatening margins on Amazon's most concentrated promotional event of Q2.
- Insiders sold a net 75,867 shares across 65 Form 4 transactions in the last 30 days, with AWS chief Matt Garman and retail chief Doug Herrington among the filers.
- AMZN's +21.7% one-year return is trailing the Specialty Retail peer average of +57.19%, a meaningful relative-performance gap.
- Walmart's Subway delivery partnership extends its same-day ecosystem into restaurant fulfillment, pressuring Amazon's grocery and convenience flywheel.