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Massacre of the Online Retail Stocks Amazon, eBay, Wayfair, Etsy, Shopify, Chewy, The Honest Co., as Folks Shift Spending from Goods Back to Services
[ad_1] On crappy earnings and lowered guidance, many of these highflyer stocks kathoomphed -70% to -85% from highs last year. By Wolf Richter for WOLF STREET. As consumers shift their spending from goods…