Amazon.com, Inc. (AMZN): Jim Cramer Doesn’t Want To Touch The Stock

jim-cramerThe “Squawk on the Street” crew shares their thoughts on what investors should be watching throughout the trading day including disappointing earnings by Amazon.com, Inc. (NASDAQ:AMZN) and Facebook.

“Amazon posted its third quarter earnings results today and they were not pretty: the company said it had a operating loss of $544 million, more than twenty times what was lost for the same period in 2013. Its revenues grew to $20.84 billion, an increase of 20 percent over the same period last year, but less than what investors were expecting,” Ben Popper Reports.

Popper goes on to say, “In its projections for next quarter, Amazon said it expects the red ink to keep spreading, with losses growing to $570 million.”

Watch the video below as Jim Cramer dives into the stock:

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