Amazon.com, Inc. (AMZN) Stock Heading to $1,200 Despite Q2 Earnings Miss

30 Jul by

Amazon.com, Inc. (AMZN) Stock Heading to $1,200 Despite Q2 Earnings Miss

Shares of Amazon.com, Inc. (NASDAQ:AMZN) got hammered on Friday, falling about 3% after the e-commerce giant reported a huge bottom-line miss in its second quarter earnings result after the market close Thursday. AMZN CEO Jeff Bezos has built his company and his wealth by embracing risk. Given that Bezos rose briefly to become the world’s richest person on Thursday, those investments have paid off.

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Source:: https://finance.yahoo.com/news/amazon-com-inc-amzn-stock-155246323.html

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