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Amazon Stock Declines Despite Record Holiday Sales

The Tuesday after Christmas, Amazon announced that it had a record breaking holiday sales. There were orders in excess of four billion placed on December 11 and it was able to ship more than 99% on schedule, shipping more than 3.4 million units on a single day. Yet, investors are down and the stock is declining. Today, Citigroup marked Amazon’s stock as a “sell.”

Jane Litte is the founder of Dear Author, a lawyer, and a lover of pencil skirts. She self publishes NA and contemporaries (and publishes with Berkley and Montlake) and spends her downtime reading romances and writing about them. Her TBR pile is much larger than the one shown in the picture and not as pretty. You can reach Jane by email at jane @ dearauthor dot com

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