# What is happening to Amazon?

**URL:** <https://community.trading212.com/t/what-is-happening-to-amazon/5629>\
**Category:** 📊 Investing\
**Created:** [April 30, 2020, 8:09pm UTC](https://community.trading212.com/t/what-is-happening-to-amazon/5629 "2020-04-30T20:09:23Z")\
**Posts on this page:** 6\
**Page:** 1

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**Author:** ![Alien](https://avatars.discourse-cdn.com/v4/letter/a/57b2e6/32.png) [@Alien](https://community.trading212.com/u/Alien)\
**Post date:** [April 30, 2020, 8:09pm UTC](https://community.trading212.com/t/what-is-happening-to-amazon/5629/1 "2020-04-30T20:09:24Z")

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![Chart](https://europe1.discourse-cdn.com/flex013/uploads/trading212/original/2X/7/79e64da75ef5e3c74fb7dda27fbeb307f12e3aac.jpeg)

2% down in 5 minutes?!!

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**Author:** ![laguiar](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/laguiar/32/275_2.png) [@laguiar](https://community.trading212.com/u/laguiar)\
**Post date:** [April 30, 2020, 8:11pm UTC](https://community.trading212.com/t/what-is-happening-to-amazon/5629/2 "2020-04-30T20:11:44Z")

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Bad earnings report I guess.

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**Author:** ![CavanHaganInvesting](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/cavanhaganinvesting/32/18536_2.png) [@CavanHaganInvesting](https://community.trading212.com/u/CavanHaganInvesting)\
**Post date:** [April 30, 2020, 8:41pm UTC](https://community.trading212.com/t/what-is-happening-to-amazon/5629/3 "2020-04-30T20:41:17Z")

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Everyone has been pushing Amazon up thinking that this lockdown has been benefiting them, however they significantly missed estimates of $6.25 by earning $5.01, so investors have realised they’re maybe not doing as well as their share price was reflecting. I had a feeling the share price was being pumped up too much, so I’m glad I didn’t buy

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**Author:** ![Alien](https://avatars.discourse-cdn.com/v4/letter/a/57b2e6/32.png) [@Alien](https://community.trading212.com/u/Alien)\
**Post date:** [April 30, 2020, 8:48pm UTC](https://community.trading212.com/t/what-is-happening-to-amazon/5629/4 "2020-04-30T20:48:13Z")

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> [@CavanHaganInvesting](#):
>
> I’m glad I didn’t buy

But I did, at the exact moment it was going down. Lucky I had SL, which was triggered 2 seconds after the buy order.

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**Author:** ![MitchB](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/mitchb/32/744_2.png) [@MitchB](https://community.trading212.com/u/MitchB)\
**Post date:** [April 30, 2020, 8:55pm UTC](https://community.trading212.com/t/what-is-happening-to-amazon/5629/5 "2020-04-30T20:55:53Z")

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I was thinking of buying AMZN before earnings but didn’t in the end. I did think they were pumped too high + 30% this month.

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**Author:** ![laguiar](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/laguiar/32/275_2.png) [@laguiar](https://community.trading212.com/u/laguiar)\
**Post date:** [April 30, 2020, 11:11pm UTC](https://community.trading212.com/t/what-is-happening-to-amazon/5629/6 "2020-04-30T23:11:32Z")

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If you will hold it for some years, doesn’t matter this earnings… you will profit for sure.