Amazon stocks extremely decreased

Past Thursday Amazon published their earning season report. The report turned to be worse than analysts expected, that is why company’s stocks crashed on Friday by making a loss – 3 billion dollars. Based on the earnings report, Amazon’s profit increased by 29%, but the whole results were worse than for the previous quarter. Published news negatively reflected on company’s stock price.

For the past 24 hours, Amazon stocks decreased by 5,3%. This is a negative trend, that will last for some time. This is a great chance for traders to make profitable deals. Trading will be available during American session, from 14:40 to 21:00 GMT.

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