Bloomberg Technology
@bloombergtech·728K subscribers·13.9K videos
Amazon Stock Plunges After Projecting Weak Sales
Posted
October 27, 2022
Views
5,093
Likes
57
Comments
4
Engagement
1.20%
October 27, 2022
5,093
57
4
1.20%
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5:11Now PlayingAmazon.com Inc. projected sluggish sales for the holiday quarter and its stock plunged almost 20% in extended trading. The world's largest online retailer has spent this year adjusting to a sharp slowdown in e-commerce growth as shoppers resumed pre-pandemic habits. Poonam Goyal of Bloomberg Intelligence has instant analysis to the earnings.
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