Amazon Stock is Crashing After Earnings: Buy the Dip or Stay Away?
Amazon (NASDAQ: AMZN) reported third quarter results after market close on October 27, and Mr. Market was not impressed, sending shares down sharply in after-hours trading, and again in pre-market trading on the 28th. Does the market have it right? Is Amazon's growing operating losses in its e-commerce business, and shrinking margins in AWS -- the profit center that fuels its e-commerce expansion costs -- a real problem that Amazon will struggle to address? Or is the market giving investors an opportunity to buy shares of Amazon on the cheap? Motley Fool contributors Jason Hall and Jeff Santoro take a closer look in this video.
*Stock prices used were the closing prices of Oct. 27, 2022. The video was published on Oct. 27, 2022.
Source Fool.com
