Name: Amazon (AMZN) Stock Plummets Post Earnings
Uploaded: 2022-10-28T18:20:44.047
Duration: 6 min 36 s
Description: "We knew going in that we would face headwinds with the Amazon (AMZN) earnings report, but no one expected such a drop in the stock price. Inflation has hurt their expenses and reduced their revenue," says Scott Durfey. "I think that this is a healthy environment as these megacap stocks are falling and the VIX is not reacting. However, the smallcap stocks are thriving," adds Kevin Green.

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"We knew going in that we would face headwinds with the Amazon (AMZN) earnings report, but no one expected such a drop in the stock price. Inflation has hurt their expenses and reduced their revenue," says Scott Durfey. "I think that this is a healthy environment as these megacap stocks are falling and the VIX is not reacting. However, the smallcap stocks are thriving," adds Kevin Green.

Amazon (AMZN) Stock Plummets Post Earnings

Expert commentary about top moving stocks, sectors, and commodities, along with CEO and analyst interviews.