Investors are familiar with Amazon's quarterly routine: posting huge sales numbers with little or no profit. But they are not shrugging off the loss this quarter.
Shares plunged 10% in extended trading Thursday after the tech giant reported a larger than expected loss. While sales rose 23%, the company recorded a loss of $126 million, which was even more than analysts had expected. It lost $7 million during the same quarter last year.
Investors don't shrug off Amazon loss this quarter; stock tumbles 10% - Jul. 24, 2014
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