Amazon Stock After-Hours Trading in Focus

Summary

Amazon.com, Inc. (AMZN) shares experienced significant price fluctuations during after-hours trading following the release of its third-quarter earnings report. The stock initially opened lower after missing revenue expectations but then gradually recovered some of its losses.

After-Hours Volume

After-hours trading volume for AMZN was exceptionally high, indicating significant interest from investors. The volume reached several times the average daily trading volume during regular trading hours.

Price Movement

Initially, AMZN shares dropped 58 points to $192.38 in after-hours trading, representing a 1.31% decline from the record close of $2,000.00. However, the stock gradually recovered some of its losses and closed the after-hours session trading at $193.46.

Earnings Impact

The after-hours price movement was likely driven by the company's third-quarter earnings report. Amazon missed revenue estimates, which led to investors expressing concerns about the company's growth prospects.

Stay Informed

To stay informed about the latest developments regarding Amazon's after-hours trades, investors are encouraged to monitor news and financial websites. Additionally, they can subscribe to email alerts or set up notifications on trading platforms to receive updates.