Amazon Shares Tank – AMZN

Amazon (AMZN) shares are getting hammered in early trading, dropping more than 9 percent after analysts raised concerns about the company’s softer profit outlook and rising costs. The early consensus was that the Seattle-based company posted solid results. In fact, Amazon’s revenue in Q1’14 increased 23%, y/y, to $19.7 billion, yielding EPS of $0.23. The […] View the full post at: Amazon Shares Tank – AMZN Related posts: Amazon’s (AMZN) Cloud: A SaaS Solution Are Amazon’s Shares Too Expensive? Amazon’s Growth Warrants an Upgrade