Amazon fell 4 percent Friday morning after the company announced on a call with investors it would likely increase investment in 2019 and raised concerns about new regulation in India.
Amazon’s stock initially popped after hours on its fourth quarter 2018 earnings report Thursday. The stock took a steep turn during the company’s call with analysts when Amazon CFO Brian Olsavsky said Amazon plans to increase investments this year after scaling back capital expenditures and hiring the year prior.
via CNBC
