One of the US largest online stores has lost $ 6 billion because of the sharp reduction in its shares value. Amazon has lowered the level of expected income and earnings per share, which has led to such negative result. According to analysts, Amazon was able to achieve rapid growth in sales and profits during the last three quarters. However, the company has some difficulties in fulfilling its duties because of the growing number of users. For example, Amazon was not able to refund the costs of the promised free shipping.
Amazon shares have shown the record decline of 7,61%. Traders have a great chance to earn money on a further fall. Remember, that trading will be available during the American session, from 13:40 to 20:00 GMT time.
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