Amazon down nearly 20% after the bell weak 4th quarter guidance.

Lol. Still not a recession though right?

  • Amazon reported third-quarter results on Thursday that missed analysts’ estimates.
  • It also gave a disappointing sales forecast for the fourth quarter.
  • The stock sunk in extended trading.

https://www.cnbc.com/2022/10/27/amazon-amzn-earnings-q3-2022.html

 

h/t Fair Acres

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