Hmmmm Down to $180 a share, with that miss it should be trading well under $150! A stock that has climbed to unbelievable heights and has rallied greatly over the last couple of years is only down a few bucks after totally missing on EPS and Revenue. Amazon missed earnings expectations bad, posting 44 cents of per-share earnings on revenue of $9.86 billion. Analysts surveyed by Thomson Reuters expected 60 cents of EPS on revenue of $9.53 billion.
Sounds like they beat revenue handily. Will look to see where their expenses exceeded estimates, but I suspect the stock will soar tomorrow.