Amazon Reports First Quarterly Loss in Five Years

10/27/2012 5:43 pm Filed Under: News by

Amazon stock sank today after the company posted its first quarterly loss since 2003. It was no small stumble, either. The Seattle-based company reported a loss of $274 million. The 60-cents-per-share loss greatly exceeded the 8-cents-per-share loss Thomson Reuters analysts had … [Read more...]

Home / Archives for Amazon loss