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04-25-2014, 07:12 PM
Amazon Shares Plunge After Lukewarm Earnings Report
http://rack.0.mshcdn.com/media/ZgkyMDE0LzA0LzI1LzE4L0FtYXpvbnNvcnRlLmExN2U2LmpwZw pwCXRodW1iCTU3NXgzMjMjCmUJanBn/9a81dc52/2bb/Amazon-sorter.jpghttp://rack.3.mshcdn.com/assets/feed-tw-df3e816c4e85a109d6e247013aed8d66.jpg (http://twitter.com/share?via=Mashable&text=Amazon+Shares+Plunge+After+Lukewarm+Earnings+ Report&src=http%3A%2F%2Fmashable.com%2F2014%2F04%2F25%2Fa mazon-shares-slammed%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss)htt p://rack.1.mshcdn.com/assets/feed-fb-fdab25e3700868c9621fb03b7fd07c38.jpg (http://www.facebook.com/sharer.php?u=http%3A%2F%2Fmashable.com%2F2014%2F04 %2F25%2Famazon-shares-slammed%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss&src=sp)
Amazon (http://mashable.com/category/amazon/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss) shares are getting slammed amid heavy trading volume on Friday after the ecommerce retailer reported lukewarm earnings.
It has been a brutal 2014 for the company's stock. Investors sent shares 9% lower in the first hour of trading on Friday, extending 2014 losses to 22.8%.
http://rack.0.mshcdn.com/media/ZgkyMDE0LzA0LzI1LzA5L1NjcmVlbl**b3QyLmE4M2I4LnBuZw pwCXRodW1iCTU3NXg0MDk2Pg/3cbd289f/47b/Screen-Shot-2014-04-25-at-10.34.47-AM.png
Image: Google Finance
The company reported earnings (http://mashable.com/2014/04/24/amazon-q1-2014-earnings/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss) Thursday after**on that met investor expectations. Revenue continues to grow at a rapid pace, but that has **t translated into significant profit growth.
Have something to add to this story? Share it in the comments. Read more... (http://mashable.com/2014/04/25/amazon-shares-slammed/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about Amazon (http://mashable.com/category/amazon/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss) and Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://feeds.feedburner.com/~r/Mashable/~4/0gMkSs6fuMM
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Amazon (http://mashable.com/category/amazon/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss) shares are getting slammed amid heavy trading volume on Friday after the ecommerce retailer reported lukewarm earnings.
It has been a brutal 2014 for the company's stock. Investors sent shares 9% lower in the first hour of trading on Friday, extending 2014 losses to 22.8%.
http://rack.0.mshcdn.com/media/ZgkyMDE0LzA0LzI1LzA5L1NjcmVlbl**b3QyLmE4M2I4LnBuZw pwCXRodW1iCTU3NXg0MDk2Pg/3cbd289f/47b/Screen-Shot-2014-04-25-at-10.34.47-AM.png
Image: Google Finance
The company reported earnings (http://mashable.com/2014/04/24/amazon-q1-2014-earnings/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss) Thursday after**on that met investor expectations. Revenue continues to grow at a rapid pace, but that has **t translated into significant profit growth.
Have something to add to this story? Share it in the comments. Read more... (http://mashable.com/2014/04/25/amazon-shares-slammed/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about Amazon (http://mashable.com/category/amazon/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss) and Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://feeds.feedburner.com/~r/Mashable/~4/0gMkSs6fuMM