Amazon Earnings Missed on Nearly Every Metric. The Stock Is Sliding.

3 years ago 297

Amazon shares are heading little successful precocious trading Thursday, aft the e-commerce and unreality elephantine reported disappointing third-quarter fiscal results and a weaker-than-expected outlook for the 4th quarter. The company’s results were weighed down by a bid of factors, including pugnacious comparisons with the surge successful online buying during the pandemic, ongoing merchandise shortages, higher wage costs, accrued shipping expenses, and further concern successful the company’s fulfillment operations.

For the 3rd quarter, Amazon (ticker:...

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