Amazon's plunge puts the tech-heavy Nasdaq on pace for its worst month since the financial crisis

Amazon's plunge puts the tech-heavy Nasdaq on pace for its worst month since the financial crisis

6 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/10/26/amazon-earnings-drag-the-tech-heavy-nasdaq-lower.html

Amazon's disappointing third quarter results are sending the stock down and dragging the tech-heavy Nasdaq Composite lower.

The Nasdaq Composite index dropped as much as 2.5 percent in morning trading Friday, on pace for its fourth straight week of losses. The index is now 3.5 percent lower week-to-date and trading in correction levels, more than 10 percent off its 52-week high.