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October 24, 2019 09:31 pm GMT

After its first earnings miss in two years, Amazon shares get walloped in after-hours trading

Amazon shares fell by nearly 7%, or $118.38, in after-hours trading on Thursday after the company reported its first earnings miss in two years. Financial analysts had predicted that the launch of one-day shipping would eat into Amazon’s earnings, but even with the forewarning investors pummeled the stock after the market closed. It didn’t help […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/dEG7NQnYsFM/

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