After Hours Carnage: $AMZN, $DECK, $GPRO, $FEYE Sharply Lower After Posting Earnings Shortfalls

The details are somewhat unimportant at this stage in the narratives of $FEYE, $GPRO and $CMG. They’re consummate losers — broken and disheveled companies who have lost their way and have been relegated to the trash heap of Wall Street.

$AMZN and $DECK, however, have proven to be competent companies. As is the case of Amazon, it is a great company — the very best black hole ever created for the benefit of mankind. While it’s true, your local shopping mall will one day be used to house Amazon inventory, creating a sustainable wave of unemployed retail workers from nearly all walks of fashion, you might be better for it.

Certain stocks are getting a comeuppance in the after hours session, with notable losses in the aforementioned names.

Post-earnings losers: DECK -21.6%, FEYE -18.4%, GPRO -11.1%, HBI -9.7%, PACB -7.6%, ATHN -6.8%, AMZN -3.6%, CMG -2.8%, GIMO -2.8%

And here are some of the gainers.

Post-earnings gainers: PXLW +17.5%, DATA +12.8%, FTNT +8.1%, ESL +4.8%, PCTY +3.6%, AMGN +3.4%, CY +3.1%, CENT +2.7%, ELY +2.4%, V +2.1%, CSC +1.7%

Naturally, I’d be inclined to suggest any pullback in AMZN is a buying opportunity — based off recent history. I would not, however, suggest even thinking about buying dips in CMG, FEYE, DECK or GPRO. Their downturns seem more serious and it might be a few quarters before those stocks do anything worthwhile.