Why Amazon Stock Dropped After Earnings
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What happened
Amazon (NASDAQ: AMZN) reported first-quarter results Thursday night and the stock is now dropping in response. After dipping by as much as 5% in morning trading, Amazon stock was still lower by 3.4% as of 2 p.m. ET.
Amazon (NASDAQ: AMZN) reported first-quarter results Thursday night and the stock is now dropping in response. After dipping by as much as 5% in morning trading, Amazon stock was still lower by 3.4% as of 2 p.m. ET.
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