According to BeInCrypto, Amazon’s stock fell 7.30% after hours on Thursday, closing at $225.99 from a previous close of $243.79. This move placed the share price below $230, which represents the lowest price target among 42 analyst estimates tracked by TipRanks. The decline occurred following a third-quarter earnings and revenue miss. Additionally, free cash flow turned negative for the second consecutive quarter. The outflow of cash over the past 12 months also widened.
