By Jeffrey Dastin and Arjun Panchadar (Reuters) - Amazon.com Inc on Thursday forecast first-quarter sales below Wall Street estimates as new regulations in India created uncertainty around one of its key growth markets, even as the online retailer reported record holiday sales and profit. Shares of the company fell more than 5 percent to $1,623.90 after the bell, sliding as company officials discussed expenses on a conference call with analysts
from Latest News Business on Firstpost http://bit.ly/2RtiszW
Friday, 1 February 2019
Amazon sales outlook falls short after record holiday quarter
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