Amazon is 10% lower is pre-market trade. The electronic commerce company actually posted a loss of $0.95/share. Revenue climbed 20% but still disappointed at $20.58 billion. The company is currently predicted to post its biggest annual loss in 12 years after predicting fourth quarter sales will be between $27.3 and $30.3 billion.
October 24, 2014 – Stock Market News
Amazon is 10% lower is pre-market trade. The electronic commerce company actually posted a loss of $0.95/share. Revenue climbed 20% but still disappointed at $20.58 billion. The company is currently predicted to post its biggest annual loss in 12 years after predicting fourth quarter sales will be between $27.3 and $30.3 billion.
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