Amazon.com Inc. projected sluggish sales for the holiday quarter and its stock plunged almost 20% in extended trading. The world’s largest online retailer has spent this year adjusting to a sharp slowdown in e-commerce growth as shoppers resumed pre-pandemic habits. Poonam Goyal of Bloomberg Intelligence has instant analysis to the earnings.
Amazon Stock Plunges After Projecting Weak Sales
![Amazon Stock Plunges After Projecting Weak Sales Amazon Stock Plunges After Projecting Weak Sales](https://i.ytimg.com/vi/pvju7ttmVk0/hqdefault.jpg)