$Amazon.com(AMZN)$ Someone explain market movements. If a company has strong earnings, raises guidance , breaking profit records, breaking analysts expectations , why does the stock go down dramatically, if it’s in an industry such as retail, cloud, and AI ? Why a $10 drop.
Such was 2021 to 2022 when AMZN was $185 and fell to $80 as the NAZ did the same thing that year was 16,000 fell 6000 points to 10,000.
Now banks, airlines, oil, all went down with the market, yet AMZN continued to grow and make money while losing 100 points makes no sense[Lovely][Lovely][Lovely]
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