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Amazon stock falls more than 3% ahead of 3rd-quarter earnings report Markets Insider Amazon fell as much as 3.9% on Thursday and was trading 3.5% lower as of 3:25 p.m. in New York.
Shares of Amazon (NASDAQ: AMZN) slipped as investors were disappointed with the company's first-quarter revenue forecast. Amazon' stock is still up about 35% over the past year, as of this writing.
Analysts had forecast $186.36 billion in revenue for the quarter. Meanwhile, Amazon said operating income is expected to be between $16 billion and $20 billion during the fourth quarter. Wall ...
While Amazon stock has risen roughly 17.5% across this year's trading, the S&P 500 index has delivered a dividend-adjusted total return of 19.5% as of this writing.
Amazon stock fell more than 3% in early trading Friday after the news. Amazon's guidance for Q1 was well short of the midpoint of Wall Street's outlook. The company says it sees Q1 revenue of ...
Shares of the Seattle-based e-commerce and tech company climbed almost 3% in extended trade, even after its current-quarter revenue forecast came in below expectations. The stock closed down 3.3% ...
The median 12-month Amazon stock price forecast is currently $172, or about 39% above current levels. The highest price forecast is $215 and the lowest is $110. Is Amazon a Good Long-Term Investment?
Image source: Amazon. Amazon stock appears expensive, but its valuation might be justified. Before considering whether to buy Amazon stock ahead of Feb. 6, we should first examine its valuation.