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Amazon management disclosed key figures that changed the direction of Amazon stock.
Amazon (AMZN 1.10%) reported first-quarter 2023 financial results in late April that moved the stock. Fool.com contributor and finance professor Parkev Tatevosian elaborates on why Amazon's stock price was volatile after earnings.
*Stock prices used were the afternoon prices of April 30, 2023. The video was published on May. 2, 2023.
John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon.com. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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