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October 24, 2014

Will Christmas be blue for Amazon?

  • The stock price tumbled 11 percent in after-market trading — on top of the 22 percent decline the stock has already suffered this year.
  • By MAE ANDERSON
    AP Technology Writer

    NEW YORK — It might be a blue Christmas for Amazon.

    The world's largest retailer gave a disappointing forecast for the crucial holiday quarter. The company also reported a wider loss than analysts expected for the third quarter.


     
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