Amazon Remains Great For Customers, Not For Shareholders – Stock Drops 6% As Losses Widen

By Sarah Perez

amazon-angled

Amazon’s Q2 2014 earnings announced today made it more apparent than ever that Amazon remains a great business for its customers, but not so much for its shareholders. The stock, after the earnings were reported, was already down by 6% and falling in after hours trading following Amazon reported net losses that widened to $126 million in the quarter. Amazon has been stretching itself… Read More

Source: Technology