Forget About Amazon's Mixed Quarter -- Modest Holiday Guidance Is Driving the Stock Price Lower

E-commerce and cloud computing veteran Amazon.com (NASDAQ: AMZN) posted third-quarter results after the closing bell on Thursday. The report itself was a bit of a mixed bag, showing strong sales but soft earnings. As expected, investors reacted more directly to the company's guidance for the holiday-themed fourth quarter. Amazon shares took a 7% dive in after-hours trading since the outlook for the next quarter failed to impress investors.

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Q3 2019

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Source Fool.com