Amazon shares fell as much as 1 percent in the premarket session after Trump's tweet. The stock closed down 0.5 percent Wednesday.

President Trump blasts Amazon again on Twitter, saying the e-commerce giant is hurting retailers and causing job losses.

President Donald Trump blasted Amazon on social media Wednesday, saying the e-commerce giant is hurting retailers and causing U.S. job losses.



Tweet Link



Amazon shares fell as much as 1 percent in premarket trading after Trump's tweet. The stock closed down 0.5 percent Wednesday, underperforming the SPDR S&P Retail ETF's 0.9 percent gain.

"While this is not his first tweet about Amazon and taxes (and of course, the Washington Post), we do find it interesting that he is now linking Amazon and job losses in traditional retail," KeyBanc Capital Markets analyst Edward Yruma wrote in a note to clients Wednesday.



Trump bashed the "Amazon Washington Post" three times from July 22 to July 24 on Twitter. He also blasted Amazon in June for "not paying internet taxes."

Tweet Link