Why Amazon Stock Fell 9% In A Day?
MSFTMicrosoft(MSFT) Forbes·2024-08-06 21:00

Close-up of sign with logo on facade of the regional headquarters of ecommerce company Amazon in the ... [+] Silicon Valley town of Sunnyvale, California, October 28, 2018. (Photo by Smith Collection/Gado/Getty Images)Getty ImagesAmazon’s stock (NASDAQ: AMZN) dropped 8.8% on 2nd August, as compared to a 1.8% decrease in the S&P 500 index. In sharp contrast, Amazon’s peer Microsoft (NASDAQ: MSFT) was down 2% on that same day. The AMZN stock price fell after the company announced second-quarter results, missi ...