Amazon.com Slides Despite a Solid Quarter

Amazon.com (AMZN Quote) beat its financial targets Tuesday evening, but investors fled the stock anyway.

The online retailer reported its third straight strong quarter, significantly topping Wall Street's financial targets. The company also unveiled a plan to treat stock options as an expense, a change that many shareholder rights advocates have long backed for all companies and one that high-profile outfits like Coke (KO Quote) have adopted to much fanfare in recent weeks.

But the stock, which lost over 6% on another tough day for the market, continued its slide in postclose trading. The setback came as investors continue to grapple with the question of whether stocks such as Amazon are too pricey to bring shareholders a decent return on their investment. After falling 95 cents to $14.55 during Tuesday's regular trading, the stock slid to $13.89 after the close. ...