Amazon reported third quarter sales after the close of the market on Thursday that were consistent with the company’s recent pattern, growing sales significantly and continuing to lose a little bit of money along the way. With shares already trading near record levels, the stock was buoyant in after-market trading Thursday and on Friday morning it was up roughly 10 percent, at a new all-time high of approximately $365 a share. As usual, internet-fueled theories that minor changes in shipping charges were related to some extraordinary impairment to the company’s p&l were completely wrong. Sales grew 24 percent to $17.1 […]
