Amazon shares tumble almost 8% in Frankfurt By Reuters

(Reuters) – Amazon (NASDAQ:) shares fell almost 8% in early trading in Frankfurt on Friday after reporting slowing online sales growth in the second quarter and noting consumers were seeking out cheaper options for purchases.

Shares in the company fell almost 8% in after-hours trading in New York on Thursday. They were last down 7.9% at 157 euros on the German market on Friday.