What clap trap from CNBC! Alphabet (GOOG) is down 1.36% in the after-hours market. Amazon (AMZN) is down 1.75%. Netflix (NFLX) is down 2.17%. Hardly a rout.
Yes, much of that is profit taking from big increases in the last days since big earning increase announcements. Google was up over 10% today in regular trading since Tuesday after market close earnings release.
What clap trap from CNBC! Alphabet (GOOG) is down 1.36% in the after-hours market. Amazon (AMZN) is down 1.75%. Netflix (NFLX) is down 2.17%. Hardly a rout.
Amazon reports earnings after close Thursday. I would not be surprised to see Amazon’s stock price grind up into the close on Thursday on expectations that earnings are higher than expected.