Amazon shares fell 1.1% to $260.06 even after the company reported Q1 adjusted EPS of $2.78 and revenue of $181.52 billion, both above estimates. The report points to an earnings beat and strong top-line performance, but the modest stock decline suggests the market had already priced in much of the upside.
Amazon shares fell 1.1% to $260.06 even after the company reported Q1 adjusted EPS of $2.78 and revenue of $181.52 billion, both above estimates. The report points to an earnings beat and strong top-line performance, but the modest stock decline suggests the market had already priced in much of the upside.
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neutral
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