By  on July 25, 2014

Shares of Amazon.com Inc. and LVMH Moët Hennessy Louis Vuitton logged significant declines as investors digested their financial results and navigated declining stock markets in the U.S. and Europe.

Shares of the Amazon fell 9.7 percent to $324.01 after the company said late Thursday that its second-quarter losses widened to $126 million even as sales shot up 23.2 percent to $19.34 billion.

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