Amazon.com Disappoints | FinancialContent Business Page

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Amazon.com Disappoints

Posted on February 01, 2012 at 17:16 PM EST

Fourth quarter earnings fell sharply for Amazon.com Inc. (Nasdaq: AMZN) to 38 cents per share from 91 cents per share a year earlier as expenses soared and revenue missed expectations by a wide margin. The online retailer also forecast disappointing first quarter results sending the stock price plunging $14.98 to close at $179.46.

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Amazon.Com, Inc.

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