Welcome to The Forum

Register now to gain access to all of our features. Once registered and logged in, you will be able to create topics, post replies to existing threads

View basic rules for our forums

Amazon's Shares Plunge As Sales, Profit Miss Wall Street Estimates

Ron Burgundy

By Ron Burgundy,
in Tech News

 Share

Recommended Posts

Ron Burgundy Omniscient Member

Ron Burgundy

Posted
Posted

Employees of Amazon India are seen behind a glass bearing the company's logo inside its office in Bengaluru"The growth story that investors were looking for... clearly Amazon has not been able to live up to the hype, said Adam Sarhan, Chief Executive of Sarhan Capital. "As far as I am concerned, Amazon is now out of the FANG group," he said, referring to the group of high-growth tech stocks that includes Facebook Inc, Netflix Inc and Alphabet Inc, formerly known as Google. Amazon reported its highest-ever quarterly profit, and its third consecutive profitable quarter for the first time since 2012.




View the full article
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
 Share
Go to topic listing