What happened Tuesday is looking more like “Lose Day” for investors in e-commerce stocks , as a chorus of downbeat analyst notes sink the sector, and send shares of e-commerce kingpin Amazon.com (NASDAQ: AMZN) , online artisan marketplace Etsy (NASDAQ: ETSY) , and online used car retailer Carvana (NYSE: CVNA) tumbling. As of 12:30 p.m. ET, Amazon stock has lost 4.4%, Etsy is down 6%, and Carvana is leading the whole e-commerce sector lower with a 13.9% loss. So what What’s Wall Street saying to spook the market today? Let’s take these one at a time. Amazon.com: Shareholders in Amazon can direct their hate mail toward UBS today, as the Swiss megabank cuts its price target by 20% to $167 per share. Granted, that still implies a mammoth 55% profit for investors who hold on to Amazon shares for the next 12 months. In the meantime, however, things could look rough for Amazon. UBS warns that even a “mild” recession<\/p>\n","protected":false},"excerpt":{"rendered":"
Which of the three should you buy to profit from the drop?<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,24],"tags":[27,29,279,277,28],"class_list":["post-40901","post","type-post","status-publish","format-standard","hentry","category-news","category-stocks","tag-economy","tag-markets","tag-nasdaq","tag-nyse","tag-stocks"],"acf":[],"_links":{"self":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/40901","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/comments?post=40901"}],"version-history":[{"count":0,"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/40901\/revisions"}],"wp:attachment":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/media?parent=40901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/categories?post=40901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/tags?post=40901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}