Amazon (AMZN -4.06%) reported earnings on Oct. 27 after the closing bell, and shares fell more than 20% on the news. The company reported a revenue miss and issued lower guidance. Do shares have more pain ahead, or is Amazon stock a buy now?
Please watch below for Amazon stock review.
*Stock prices used in the video are as of the trading day of Oct. 27, 2022. Video published on Oct. 27, 2022.
John Mackey, CEO of Whole Foods Market, a subsidiary of Amazon, is a member of The Motley Fool’s board of directors. Eric Cuka has positions in Amazon, CrowdStrike Holdings, Inc., Datadog, ServiceNow, Inc., and Snap Inc. The Motley Fool has positions in and recommends Amazon, CrowdStrike Holdings, Inc., Datadog, and ServiceNow, Inc. The Motley Fool has a disclosure policy. Eric Cuka is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn extra money supporting their channel. Their opinions remain their own and are not influenced by The Motley Fool.