Amazon Misses on Earning and Revenue, Shares Tanking After Hours

Shares of Amazon (NASDAQ:

) are sharply lower in after hours trade after reporting earnings that missed on both the top and bottom line,. Amazon reported a loss of 0.95 per share on 20.58 billion in revenue, with analysts expecting a loss of 0.74 cents on 20.84 billion in revenue. Shares of AMZN are currently down 8.4 percent at 286.88 in after hours trade,