Amazon Stock -14.05%, 2 YR Lo, Pandemic Boom Fades, Loss On Rivian, Online Sales Falter, Bleak Forecast

AMAZON STOCK

  • Amazon Stock -14.05% AT-CLOSE FRI
  • 2 YR Low, Pandemic Boom Fades 
  • Loss on Investment in Rivian,  Online Sales Falter, Bleak Forecast

AMAZON STOCK

AMZN

2,485.63- 406.30 (-14.05%)

AT-CLOSE

https://www.google.com/search?q=amazon+stock

AMAZON STOCK

BIG SELL IN YEARS, 2 YR LOW, BOOM FADES, LOSS

Amazon stock plunges 14% in biggest one-day drop since 2006

https://finance.yahoo.com/news/amazon-tumbles-12-after-reporting-first-quarterly-loss-in-7-years-160736387.html

Amazon's stock suffering biggest selloff in more than 10 years, is wiping out $183 billion in market cap 

http://www.marketwatch.com/news/story/amazons-stock-suffering-biggest-selloff/story.aspx?guid={335F7DBE-FC1D-41CC-9D9F-C45B4EE99745}         

Amazon stock plunges to two-year low following first-quarter loss 

https://techcrunch.com/2022/04/29/amazon-stock-plunges-to-two-year-low-following-first-quarter-loss/


"Pandemic Boom Fades"

Amazon plunges 15.8% intraday to a nearly two-year low as pandemic boom fades (update)

https://seekingalpha.com/news/3829431-amazon-plunges-to-52-week-low-as-pandemic-boom-fades-amid-supply-chain-inflation-pressures

Loss

Amazon reports surprise earnings loss in Q1 | Yahoo Fin Vid

https://finance.yahoo.com/video/amazon-reports-surprise-earnings-loss-202604474.html

Amazon stock plunges as company reports nearly $4 billion loss 

https://www.cnn.com/2022/04/28/tech/amazon-earnings-loss/index.html

The company reported a nearly $4 billion loss tied to its investment in Rivian

https://www.cnn.com/2022/04/28/tech/amazon-earnings-loss/index.html

Amazon takes $7.6 billion loss on Rivian stake after EV company’s stock plunge

https://www.cnbc.com/2022/04/28/amazon-takes-7point6-billion-loss-on-rivian-stake-from-q1-stock-plunge.html

ONLINE SALES FALTER, SALES GAINS SLOW, BLEAK FORECAST

 Amazon posts loss as online sales falter

https://www.bbc.co.uk/news/business-61264509

Amazon Posts First Loss Since 2015 as Sales Gains Slow

https://www.wsj.com/articles/amazon-amzn-q1-earnings-report-2022-11651110202?mod=hp_lead_pos1

Amazon shares fall on bleak forecast and slowest growth since dot-com bust 

https://www.cnbc.com/2022/04/28/amazon-amzn-q1-2022-earnings.html


CLIP CNBC

Diving into Amazon's weak sales forecast, with Loup Ventures' Gene Munster



Amazon Stock 

More

Consumer Discretionary ETFs tilt lower as Amazon dives..

https://seekingalpha.com/news/3829449-consumer-discretionary-etfs-tilt-lower-as-amazon-dives-12

         

Amazon bulls slash price targets but call out strong second half setup 

https://seekingalpha.com/news/3829286-amazon-bulls-slash-price-targets-but-call-out-strong-second-half-setup


 FB @StockMaketBlog

Twitter @Stock_Mkt_Blog
RSS Follow On Your App


Risk Disclaimer: IMPORTANT: Consult Professional Financial Investment Advice. Past performance does not or may not guarantee future results. The content of this blog post report is for informational purposes only and should not be interpreted as specific investment suggestion, or advice, or recommendation. Not stock analysis. All information including: videos; links; urls; news stories; headlines; stock market data; screenshots of data, is believed to be accurate at the moment of post and it is totally not guaranteed and is subject to change without notice. 


STOCK DISCLOSURES
AUTHOR POSITIONS IN ANY AMZN Stocks/Options LONG/OR SHORT WRITTEN IN THIS POST: CURRENT AND LAST 30 DAYS: Non
AUTHOR INTENT TO OPEN NEW POSITIONS IN NEXT 30 DAYS: Non

SPONSORED CONTENT, PAID CONTENT DISCLOSURE: 
NOT A PAID POST, NOT PAID BY INDIVIDUAL, FUND, AND OR CORPORATION TO PROMOTE THIS POST.