Amazon.com Earnings Could Get Boost From Prime Hike

By | January 31, 2014

Scalper1 News

Amazon.com (AMZN) stock tumbled Friday, after the company late Thursday missed Q4 views and gave weak Q1 guidance, but a possible hike in Amazon Prime fees could boost future earnings. Amazon stock was down 9% in morning trading in the stock market today, near 367, a two-month low. Analysts were busy gauging the impact of a potential price increase for Amazon’s Amazon Prime service. Amazon CFO Tom Szutak said in a conference call late Thursday Scalper1 News

Scalper1 News