Amazon stock
And for good reason. The online retailer reported a net loss of 38 billion or 756 per share for the first quarter of 2022.
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This compares to the 836-per-share profit that analysts were expecting.
. The Amazon stock price fell by -1405 on the last day Friday 29th Apr 2022 from 289193 to 248563. The share price of Amazon NASDAQ. Amazon Stock AMZN 248563 -40630 -1405 Official Close 4292022 NAS Add to watchlist News Analyst Data Analyst Opinions Insider Activity Dividend Calendar intraday.
AMZN continued its downward spiral this morning after the e-commerce stock had its worst day in more than 15 years on Friday. Rivian into which Amazon led a 700 million investment. Amazon is not just an e-commerce company.
Amazon controls nearly 40 of the US. Many investors still view Amazon primarily as an online retailer. Amazon announced its first stock split since the dot-com boom telling investors on Wednesday that theyll receive 20 shares for each share they currently own.
Falling victim to the latest spasm of market volatility Amazon shares plunged 14 today in the wake of a poor first-quarter earnings report. Amazon stock plunged to a two-year low as shares slid as much as 12 on Friday morning after the company reported its first-quarter results yesterday. The company attributed the loss largely to a 76 billion loss from its investment in electric automaker Rivian Automotive.
13 hours agoShares of the tech giant fell close to 3 to 2408 on Monday coming in the wake of a 14 post-earnings plunge on Friday. Amazon shares were marked 16 lower in pre-market trading Monday to indicate an opening bell price of 244630 each. The stock hit a fresh 52-week low on the session.
Amazons price target was also lowered at Raymond James to 3300 from 3950 stock rated outperform RBC Capital Markets to 3500 from 3880 stock. The company reported a. Amazons move may also be aimed to get it included in the famed Dow Jones Industrial Average which tends to include less expensive stocks.
In a friday morning note morningstar analyst dan romanoff lowered his price target for amazon shares to 3850 from 4100 pointing out the firms operating margin was. AMZN reported mixed results in its Q1 FY 2022 earnings report. The stock plunged 1405 on Friday marking its.
It was the companys worst single-day. 20047 FB256 Rivian Automotive Inc 3024 RIVN603 PayPal Holdings Inc 8793 PYPL452 In the news The Mercury News 2 days ago Amazon reports 4B loss stock takes a. Earnings per share EPS were -756 far below analyst predictions.
During the day the stock fluctuated 751 from a day low at 243250. Apple for example. It was the first.
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