Amazon Shares Fall 7% After Q3 Results Show Weaker Free Cash Flow
Amazon shares fell more than 7% in extended trading after third-quarter results missed expectations, fourth-quarter revenue guidance midpoint trailed projections and free cash flow worsened from a year earlier.
Shares of Amazon.com Inc. fell more than 7% in extended trading on Thursday, October 29, after its third quarter results missed street expectations, the mid-point of its fourth quarter revenue guidance also trailed projections, while its free cash flow position became worse than last year.Amazon re…