Amazon shares sink 12%, on pace for worst day in at least 8 years - CNBC

4/29/2022 12:00:00 AM3 yearsago
by Annie Palmer
by Annie Palmer
The company gave weaker-than-expected sales guidance for the current quarter, and it recorded its first net loss in seven years.
Shares of Amazon dipped as much as 12% on Friday after the company gave revenue outlook for the current quarter that fell short of Wall Street's estimates. It could mark Amazon's worst day since Janu… [+2494 chars]
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