Tag: amazon stock
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Amazon (AMZN) stock drops 13% on subpar fourth-quarter forecasts.
Major Points On Thursday, Amazon released third-quarter data that fell short of analysts’ expectations as well as a dismal fourth-quarter sales prediction. In prolonged trading, the stock fell. Thursday’s extended trading saw a 13% decline in Amazon shares after the firm released a dismal fourth-quarter outlook and failed revenue projections. These are the crucial figures:…