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Amazon Stumbles 0.6% Before the Bell

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Amazon.com

(AMZN) - Get Amazon.com, Inc. Report

was down 0.6% in preopen

Island

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trading ahead of its fourth-quarter earnings report, due after Tuesday's close. The

Wall Street Journal

said the giant Internet retailer is expected to announce a plan to cut costs through broad layoffs, and analysts expect Amazon to guide 2001 sales estimates lower.