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

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]

full article...