Amazon stock falls slightly

Amazon Saw Its Busiest
Amazon Stock Falls Slightly
Amazon saw its busiest "cyber Monday" period ever both in the US and abroad
Amazon saw its busiest “cyber Monday” period ever both in the US and abroad

Online retailer Amazon has reported net profits of $239m, after seeing a strong festive shopping season.

It also reported sales of $25.59bn, but these just missed analyst expectations.

The company?posted sales guidance?of between $18.2bn and $19.9bn for the current quarter – also below analyst expectations.

Amazon’s stock dipped more than 10% in after-hours trading, despite seeing a rally earlier in the day.

Source: BBC

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