Top

The stocks Amazon is killing are showing signs of life ahead of holidays

November 22, 2017

Via: CNBC

The retailers that are being crushed by Amazon have rallied in the past two weeks ahead of the holiday shopping period, but if history is a guide, they could underperform again after Thanksgiving.

Bespoke Investment Group’s “Death by Amazon” index includes 62 brick-and-mortar retailers whose businesses have been hurt by Amazon and internet shopping. Since its peak in September 2015, the index has lost a third of its value, and it has declined by 15 percent this year alone, while the S&P 500 is up 15 percent.

Read More on CNBC