What's Going On With Amazon Shares Friday

Amazon.Com, Inc AMZN shares are trading lower Friday. Reports of unionization attempts at its U.K. warehouse surfaced after the firm refused to negotiate pay with the union.
The GMB officially applied for union recognition Friday on behalf of its members at a distribution center in Coventry, England's West Midlands, as per a Bloomberg report.
Over 700 workers in Coventry were members of the GMB, passing a threshold of 51% needed as a union.
In other news, reportedly, Amazon bagged $1 billion in tax breaks for five new data centers in eastern Oregon.
The Morrow County local officials expect to win $12 billion in new Amazon spending. Amazon already has four massive data centers in Morrow County and is one of its major employers.
However, Amazon attracted two state investigations for potential conflicts of interest after its growth flared bitter debate over the fairness of its mode of securing the tax breaks.
Price Action: AMZN shares traded lower by 0.46% at $111.66 on the last check Friday.
Photo via Phillip Pessar via Flickr

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