Amazon's (NASDAQ: AMZN) stock price tumbled 13% during after-hours trading on Thursday, Oct. 27, after the e-commerce and cloud giant posted its third-quarter earnings report. Its revenue rose 15% year over year (and grew 19% in constant currency terms) to $127.1 billion, but that total missed analysts' estimates by $370 million. Amazon's numbers weren't terrible, but is its stock worth buying in this rough market for tech stocks? Read More...
Amazon’s (NASDAQ: AMZN) stock price tumbled 13% during after-hours trading on Thursday, Oct. 27, after the e-commerce and cloud giant posted its third-quarter earnings report. Its revenue rose 15% year over year (and grew 19% in constant currency terms) to $127.1 billion, but that total missed analysts’ estimates by $370 million. Amazon’s numbers weren’t terrible, but is its stock worth buying in this rough market for tech stocks?
Add Comment