Amazon Shares Drop After Hours Despite Positive Q3 Earnings

FAN Editor

This article was originally published on ETFTrends.com.

Positive numbers don’t always portend a positive market reaction and Amazon’s latest third-quarter earnings report reflects as such. Despite better-than-expected earnings, shares of Amazon fell after hours by 7% as of 5:45 p.m. ET. Amazon’s earnings per share came in at $5.75 versus forecasts of $3.14, according to Refinitiv. “We were particularly impressed by the […]

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