While Amazon hosting platform has become a key driver of e-tailer’s growth, it has also been far from perfect. So far this year, it has suffered three major outages.
However, the latest one doesn’t seem to be too much of a concern for investors. In today’s early trading, Amazon’s shares are off by less than 1%.
Tom Taulli runs the InvestorPlace blog IPO Playbook, a site dedicated to the hottest news and rumors about initial public offerings. He is also the author of “How to Create the Next Facebook” and “High-Profit IPO Strategies: Finding Breakout IPOs for Investors and Traders.” Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities.