Wednesday 26 October 2011
Why NFLX Plunge Is a Problem for AMZN
AMZN dropped as much as 15% in Tuesday's after-hours trading to $195.49 on an earnings miss and weak guidance. Amazon reported third-quarter earnings per share of 14 cents, missing Wall Street expectations by a dime; revenues were $10.88,Shares of Amazon (NASDAQ:AMZN) are getting whacked 17% in extended trading. The
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