Amazon.com (AMZN) volatility elevated into Q3 profitability and Q4 forecast
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Amazon.com (Nasdaq: AMZN) is recently down $25.15 to $202 in pre-open trading after Q3 earnings decreased 73% because of an expensive spending program. Susquehanna say's "Near-term profitability tempered, long-term growth intact – reiterated positive." Overall option implied volatility of 49 is above its 26-week average of 40 according to Track Data.
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