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Why Amazon Stock Plummeted 24% Last Month

Amazon (NASDAQ: AMZN) stock sank roughly 23.8% in April, according to data from S&P Global Market Intelligence. The tech giant's share price moved amid bearish market momentum through much of the month and then saw a dramatic sell-off following the publication of its first-quarter earnings results. Amazon published Q1 results after the market closed on April 28, delivering results that came in significantly worse than expected. Read More...

Amazon (NASDAQ: AMZN) stock sank roughly 23.8% in April, according to data from S&P Global Market Intelligence. The tech giant’s share price moved amid bearish market momentum through much of the month and then saw a dramatic sell-off following the publication of its first-quarter earnings results. Amazon published Q1 results after the market closed on April 28, delivering results that came in significantly worse than expected.

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