Amazon Stock Sinks as Kindle Fire and Other Products Burn Out
Even with new products like the Kindle Fire, Amazon still managed to show a tremendous loss last quarter in their earnings, which has caused a natural but negative trend i ntheir stocks. Shareholders have backed away from the AMZN stock which is not performing AMaZiNg, and ultimately has plunged 10%.
I enjoy Amazon.com and their products, but with losses like this, it is going to be a challenge to bring their customers and shareholders back to a place of comfort and support.
Earnings Preview For Amazon.com (AMZN)
We will continue to keep you updated on Amazon and any new updates from their stock and shareholders as it becomes available to us.
Signed,
Rick Jeffries
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