Amazon.com Inc. (AMZN) shares dropped 2.9 percent on Friday after the company reported an ugly earnings miss and disappointing guidance.
Amazon reported third-quarter adjusted earnings per share (EPS) of $6.12 on revenue of $110.8 billion. Both numbers missed consensus analyst estimates of $8.92 and $111.6 billion, respectively. Revenue was up 15 percent from a year ago.
