Amazon significantly disappointed investors when it posted third quarter earnings after the bell Thursday. With an adjusted earnings per share of 52 cents, this was well beneath the expected 78 cents. The stock quickly fell at least 6% in after-hours trading. Revenue of $32.7 billion was in-line with what Wall Street was expecting. This came as a surprise because in recent years, the… Read More
from Amazon – TechCrunch https://techcrunch.com/2016/10/27/amazon-plunges-on-earnings-miss/?ncid=rss
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