Amazon's Circus: Good, Bad, And Ugly
by Bill Maurer
On Tuesday afternoon, online retail giant Amazon (AMZN) reported its fiscal fourth quarter results. The company missed tremendously on both revenues and earnings, and issued guidance that was well below expectations. Despite that, shares rallied strongly in the after hours session after an initial dip, and held some of those gains on Wednesday. For those that don't believe in Amazon's continued rally, it was another frustrating experience. Today, I'll break down the good, the bad, and the ugly, and show why despite the terrible results, Amazon just keeps going higher. read more »
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