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Amazon.com (AMZN) stock was down 9.5% in morning trading in the stock market today, at a six-month low near 305, a day after the e-commerce leader gave light Q2 guidance. The company also failed to beat Q1 earnings forecasts, while Q1 barely beat on rising sales and shipping costs. Some analysts lowered their price target on Amazon stock. For Amazon’s Q1, the Seattle-based online seller of books, electronics and more said that it earned 23 cents a Scalper1 News
Scalper1 News