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Amazon slid more than 4% in premarket trading as it missed sales estimates for the second straight quarter

Tiger Newspress2021-10-29

Amazon slid more than 4% in premarket trading as itmissed sales estimates for the second straight quarter.According to the financial report,itssalesinthe third quarterrose 12% to $110.8 billion, compared with $96.1 billion in the second quarter of 2020. The figure was lower than Wall Street's previous forecast of $111.81 billion in net sales, and was thought to be the result of slowing growth after the surge in online shopping.

Its Net profit was US $3.2 billion, down 50.2% from US $6.3 billion in the same period last year.

Among them, product sales were US $54.88 billion, up 4% year-on-year, and service sales were US $55.93 billion, up 29% year-on-year.

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评论22

  • tkj
    ·2021-10-29
    For those not vested, Buy Buy! For those holding on to the stocks ...Bye Bye.....
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    • tkj
      luckily recover by half at present moment. hope to see it move back up 🙏🙏🙏
      2021-10-29
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  • andy1967
    ·2021-10-29
    Wow it looks really bad and sell down of technology stock looking at the premarket number. 
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  • JeremyChuax
    ·2021-10-29
    Wow, nice time.
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  • JoyceChew
    ·2021-10-29
    Ok
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  • 变胜龙
    ·2021-10-29
    Oh my dear, loosing steam and have to wait again..
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  • Cindyoxy
    ·2021-10-29
    Please like, thank you 
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  • JPHC
    ·2021-10-29
    Sigh... 🩸 again...
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  • nctony
    ·2021-10-29
    Two strong stock falling premarket. Will it be a bad day today[无语] 
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    • nctony
      got outing carry on, tonight off apps [龇牙]. the more you see the more you worry. [捂脸]
      2021-10-29
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    • KerenPeng
      Oh no
      2021-10-29
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    • 滚股怪
      Dif ferent
      2021-10-29
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  • HUATAH888
    ·2021-10-29
    Buy wish instead competition right?
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  • Jeriari
    ·2021-10-29
    Shit, not enough money to buy another one.. 
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  • meurasian77
    ·2021-10-29
    [捂脸]
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  • Troytan
    ·2021-10-29
    Solid company buying opportunity 
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    • xemrunx
      Like & buy
      2021-10-29
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  • Flochin
    ·2021-10-29
    Competition is very stiff in the market place platform.  Consumers are fixed in number and they simply have choice. 
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  • wywy
    ·2021-10-29
    Swee... time to buy
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  • rayjs
    ·2021-10-29
    Aaaa
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  • Eaglewings
    ·2021-10-29
    Missing sales estimates does not define a company! 
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    • Andtendo
      Wowee
      2021-10-29
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  • xJimmy
    ·2021-10-29
    like pls
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  • CIG
    ·2021-10-29
    It's time to take a rest.
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    • xJimmy
      ok
      2021-10-29
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  • Yimong
    ·2021-10-29
    Oh no Oh noOh no no no no [Spurting] 
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  • JunHaoT
    ·2021-10-29
    Is cloud business is coming up
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    • 手可摘棉花
      Still up still biggest cloud player.
      2021-10-29
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