Amazon's Stock Is Downwards 23% This Calendar Month (Amzn)

And mayhap more; inward early on pre-market merchandise AMZN is off unopen to other $19.20 (-1.25%) at $1,519.68.

From CNBC Oct. 29:
Amazon shares are cratering — downwards 6% today, downwards 23% inward the by month

• Amazon dropped fourteen pct inward 2 days, mark its worst two-day spill since Feb 2014.
• The society reported disappointing fiscal results on Thursday.
• Tech stocks cruel broadly on Monday, amongst the Nasdaq closing downwards 1.6 percent.

Amazon shares closed downwards 6.3 pct on Mon suffered their steepest two-day spill inward to a greater extent than than iv years, equally investors continued to flee the stock next Thursday's disappointing profits report.

The stock dropped $103.93 to $1,538.88 at the close, later losing $139.36, or 7.8 percent, on Friday, together with is trading at its lowest cost since April, downwards 23 pct over the by month. The 13.7-percent drib over 2 days is the biggest spend upward since Feb 2014, when the shares plummeted 14.1 percent.

Amazon reported third-quarter revenue end calendar week that trailed analysts' estimates together with besides provided a fourth-quarter outlook that was below expectations. The stock dragged down the Nasdaq, which closed downwards 1.6 pct on Monday. Netflix, which similar Amazon has been a favored stock for tech investors inward recent years, is inward the midst of a hefty two-day drop, downwards nine percent....MORE

That's the problem amongst earnings. Once yous present 'E', the analyst bastards maiden off putting a P to due east ratio on yous together with from at that spot you're only unopen to other company, no longer the inscrutable dark box that tin role infinity equally the multiplier.
Better to accept a picayune mystery inward your life.