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Benzinga
Benzinga
Business
Adam Eckert

Why Amazon Shares Are Sliding Today

Amazon Netflix Amazon.com Inc Amazon.com Inc.

Amazon.com Inc (NASDAQ:AMZN) is trading lower Friday amid overall market weakness following a weak quarterly report from Netflix Inc (NASDAQ:NFLX), which has pressured tech names.

Netflix reported quarterly revenue of $7.71 billion, which came in slightly below estimates.The streaming giant said it ended the quarter with 222 million paid memberships after adding 8.3 million in the fourth quarter.

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