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AMZN slowest growth since 2001 EPS far below analyst predictions

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NASDAQ:AMZN   Amazon.com
If you haven`t bought this bounce:

then you should know that AMZN revenues rose 7% in the first Q of the year to $116.4bn, slowest growth in two decades!

Earnings per share (EPS) were -$7.56 vs $8.55 analyst predictions, first quarter it has posted a net loss in at least four years.

My price target is now the $2400 support, with a possible bounce by the end of the year due to the stock split enthusiasm.

Looking forward to read your opinion about it.

Feragatname

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