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How will Amazon's stock price change by the end of Q3 2024 following Astro for Business discontinuation?
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Story
Amazon Discontinues Astro for Business Security Robot on September 25
Jul 3, 2024, 05:46 PM
Amazon has announced plans to discontinue its Astro for Business security robot, which was launched in November 2023, after only seven months on the market. The decision to retire the robot, designed for small and medium-sized businesses, is aimed at allowing Amazon to focus on its Astro home robot. The discontinuation will take effect on September 25. The move marks a shift in strategy for Amazon as it reallocates resources to enhance its consumer-focused robotic offerings.
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