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Amazon shares fall 7% on weak fourth-quarter forecast

Por: CNBC Tech October 28, 2022

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In this articleAmazon CEO Andy Jassy speaks during the GeekWire Summit in Seattle on Oct. 5, 2021.David Ryder Bloomberg Getty Images shares plunged 7% on Friday, a day after the company sales in the holiday quarter would be far below expectations.Amazon shares pared back some losses from earlier Friday morning, when the stock was off about 50% from its highs, resulting in about a $940.8 billion hit to Amazon's value. Earlier in the day,... + full article



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