Amazon’s exchange rate declined, due to disappointing flash report

Amazon, the world’s largest online retailer, fell 8 percent in its post-close e-commerce trading following a third-quarter flash report released Thursday.

While the technology giant’s revenue of 69.98 billion USD exceeded analysts’ expectations of 68.81 billion USD in the three months ended on September 30, the 4.23 USD earnings per share fell short of expectations of 4.62 USD. (MTI)