AMAZON HIT WITH A NEW FTC LAWSUIT

🚨 Amazon is facing a new FTC lawsuit, and Jim Cramer is telling holders not to hit sell.

CNBC reports that Cramer called the idea of selling Amazon shares over the new Federal Trade Commission suit an overreaction, describing that response as "hysterical."

He made the call on the CNBC Investing Club's Morning Meeting, the session that runs every weekday at 10:20 a.m. ET.

That is the whole of what CNBC's item establishes. No damages figure. No detail on the claims. No Amazon response in the write-up.

Which is the part worth sitting with. Regulatory headlines move mega-cap stocks in minutes, long before anyone reads the filing. A federal agency suing one of the most widely held names on the market is a headline that reaches millions of portfolios at once, including index funds nobody actively chose.

Cramer's position is that the case is not a reason to change what you own. Litigation against a company this size can run for years before it touches a single line of the income statement.

The counter-argument is just as old: regulators rarely file once and walk away, and legal overhang has a way of sitting on a multiple.

🔴 If you owned Amazon this morning, did the lawsuit change anything for you?

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