Amazon, eBay Fall Sharply As The QQQ Closes Lower Friday

U.S. indices were trading lower as Amazon.com, Inc. AMZN fell following earnings and as COVID-19 delta variant concerns continue to drive market uncertainty.

  • The Invesco QQQ Trust Series 1 QQQ closed lower by 0.52% to $364.57.

  • The SPDR Dow Jones Industrial Average ETF Trust DIA lost 0.38% to $349.48.

  • The SPDR S&P 500 ETF Trust SPY finished lower by 0.49% to $438.51.

Here are the day's winners and losers from the QQQ, according to data from Benzinga Pro.

KLA Corp KLAC, Advanced Micro Devices, Inc. AMD and Align Technology, Inc. ALGN were among the top gainers for the Nasdaq Friday.

Amazon, eBay Inc EBAY and PayPal Holdings Inc PYPL were among the top losers for the QQQ.

Elsewhere On The Street

Amazon shares traded lower by 7% on Friday after the company reported slowing revenue growth in the second quarter and issued weak guidance for the second half of the year… Read More

On Friday morning, Royal Caribbean Cruises RCL announced six passengers on board the Royal Caribbean International’s Adventures of the Seas tested positive for COVID-19… Read More

Facebook Inc FB has been rumored to be working on smart glasses since 2019. The company announced updated plans on the long-rumored growth item during its earnings call this week… Read More

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