Sunday, December 11, 2016
 
 
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Amazon Posted Its First Profit In Months, And Yet The Stock Tanked

By DMO Affiliate
Amazon posted results yesterday for its all important holiday quarter. One of the surprising things about this quarter is that Amazon posted a nice profit of $239 million, after several quarters of almost no profit or outright losses. And yet the stock was absolutely crushed, falling 10% in after-market before recovering slightly. The reason is not it's slightly lower than expected earnings, it's Amazon's future outlook.
Amazon Posted Its First Profit In Months, And Yet The Stock Tanked




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