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Amazon Drying Up
Updated from 4:20 p.m.
Amazon.com (AMZN Quote) sank 11% in late action Tuesday after the online retailer's earnings missed targets.
For the second quarter ended June 30, Amazon made $22 million, or 5 cents a share, down from the year-ago $52 million, or 12 cents a share. Revenue rose to $2.14 billion from $1.75 billion a year earlier. ...
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