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Why Amazon Stock Was Sliding Today

TheMotleyFool

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Shares of Amazon.com (NASDAQ: AMZN) were selling off today after the e-commerce giant missed the mark on the bottom line in its first-quarter earnings report, and said that investments related to COVID-19 would likely wipe out all of its operating profit in the second quarter.

The stock was down 6.1% as of 10:19 a.m. EDT on the news.

Image source: Amazon.

Source Fool.com

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