Amazon’s After-Hours Drop Leaves It Below Wall Street’s Lowest Price Target

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Amazon stock fell 7.30% after hours on Thursday, declining from $243.79 to $225.99. It was left below $230, the lowest price target among the 42 tracked by TipRanks. The sell-off followed a disappointing third quarter that included an earnings and revenue miss as well as negative free cash flow for a second consecutive quarter. The article also states that 12-month outflows widened.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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