4 reasons why Amazon stock is getting nailed

4 reasons why Amazon stock is getting nailed

Amazon’s second quarter underscored its ongoing dominance in all things retail and cloud services, but some squishy aspects to the earnings release have investors in profit-taking mode. 

Shares of the tech beast dropped more than 6% in pre-market trading on Friday after the company surprisingly missed on sales estimates. Several factors in the report are likely weighing on the minds of investors. 

First, the headline sales miss marked the first time Amazon (AMZN) missed consensus revenue…


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