AMZN: Amazon Got Another Pass

Amazon Got Another Pass
by Bill Maurer

Last week, Amazon (AMZN) reported its third quarter earnings. The company missed on both the top and bottom line, and issued guidance that was disappointing. But despite all of the negativity, shares rebounded after a large fall in the after-hours session, and rallied nearly 7% on Friday, closing nearly $35 above their Thursday afternoon low. Despite all of the bad news, investors once again gave Amazon a pass, something they seem to do each quarter. Let's examine the results and see where things stand currently. read more »

More on AMZN:

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