Amazon.com, Inc. (NASDAQ:AMZN) shares are trading lower by 1.96% to $104.13. The stock is trading lower possibly in anticipation of the company’s first-quarter earnings report, confirmed for Thursday’s after-hours session.
Amazon shares may also be trading lower in sympathy with major U.S. indicies following a worse-than-expected first-quarter earnings report from UPS, which has raised economic concerns.
According to analyst consensus estimates Amazon is expected to report revenue of $124.53 billion on EPS of 21 cents.
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According to data from Benzinga Pro, AMZN has a 52-week high of $146.57 and a 52-week low of $81.43.
