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Amazon shares fell after the publication of a profit report

28 october 2016 - Fx4News
Amazon shares fell after the publication of a profit report

Report Amazon.com, Inc. profit for the 3rd quarter disappointed the markets, thereby causing a drop in value of the shares of the American company.

 

 

The company's profit Amazon, the world's largest in terms of turnover among selling goods and services through the Internet, was $ 252 million, or $ 0.52 per share, compared with the average forecast of economists in a $ 0.78 per share. 


That was enough to push the stock down 7% after closing trading in North America on Thursday. Recently, Amazon shares - a topic for discussion number one. Some analysts have raised forecasts for the cost of up to $ 1,000 per share, while the company began the year below $ 700. Jeff Bezos, founder and CEO, has traditionally focused on the reinvestment of all (or almost all) of profits in the order fulfillment centers, hardware, video streaming and cloud computing.


 

 

Based on materials WELTRADE

 

 

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