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Wall Street finally turning on Amazon as Bezos magic fades
Investors are wary of its triple-digit price-earnings ratio and a persistent unwillingness to throttle back spending
Published Sun, Oct 26, 2014 · 09:50 PM
San Francisco
AMAZON.COM Inc's once fairy-tale ride on Wall Street has hit its most jarring bump yet.
The company that for years enthralled investors with improbable growth and earned one of the technology sector's highest valuations drew widespread ire after a spectacular results letdown on Thursday.
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