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-   -   Amazon Shares Plunge After Lukewarm Earnings Report (https://hameed.nwar.uk/vb/showthread.php?t=361764)

rss 04-25-2014 07:12 PM

Amazon Shares Plunge After Lukewarm Earnings Report
 
Amazon Shares Plunge After Lukewarm Earnings Report
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Amazon 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%.

[IMG]http://rack.0.mshcdn.com/media/ZgkyMDE0LzA0LzI1LzA5L1NjcmVlbl**b3QyLmE4M2I4LnBuZw pwCXRodW1iCTU3NXg0MDk2Pg/3cbd289f/47b/Screen-Shot-2014-04-25-at-10.34.47-AM.png[/IMG]

Image: Google Finance


The company reported earnings Thursday after**on that met investor expectations. Revenue continues to grow at a rapid pace, but that has **t translated into significant profit growth.

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