Amazon tanks 13% despite record $482M profit — more than it made in the previous 17 quarters combined

Amazon made more money last quarter — $482 million in profit for the fiscal Q4 2015 — than it did during every previous quarter combined since Q3 2011. That $482 million figure exceeds Amazon’s previous quarterly record, when, in Q4 2010, it earned $416 million in profit. So why, then, did the company’s stock tank by more than 13 percent […]...