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Amazon workers strike ahead of today's Prime Day event

Published 07/16/2018, 10:38 AM
© Reuters.  Amazon workers strike ahead of today's Prime Day event
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  • Amazon (NASDAQ:AMZN) warehouse workers are striking in Germany, Spain, and Poland.
  • Thousands of German workers are striking to demand labor contracts guaranteeing healthy working conditions.
  • Germany is Amazon’s second largest market after the U.S. with 2017 net sales hitting $17B, or 9.5% of the total.
  • The strikes were timed to begin ahead of Amazon’s Prime Day event, which launches at 3 PM Eastern today.
  • Amazon shares are up 0.9% for its eighth-straight gain. Shares are up 55% YTD compared to the 4.7% gain for the S&P 500.
  • Now read: Amazon: Shareholders, Let's Keep Some Perspective


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