(Reuters) - Amazon.com Inc shares dropped to levels not seen since March Wednesday on concern that big spending and aggressive pricing by the No. 1 Internet retailer will hit profit during the crucial holiday season and well into next year. T he shares slipped 30 cents to close at $180.21, but touched $170.25 earlier in the day. That put the stock at the lowest level since late March and left it in negative territory for the year. As recently as mid-October, the shares hit a record $246.71, up more than 35 percent for the year to date. ...
12/15/2011 10:58:00 AM
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