Stories

Amazon's pain is other retailers' gain

As Amazon shares have sank on the news that President Trump hates the tech giant and broader concerns about tech regulations, several other retail stocks have jumped upward.

Bottom line: What's bad for Amazon is often good for other retailers.

Data: Money.net; Note: Each of the non-Amazon above companies finished trading Wednesday higher than they did on Tuesday, except for Home Depot and Under Armour; Chart: Axios Visuals