Amazon has long acted like an ideal customer on its own website: a freewheeling big spender with no worries about balancing a checkbook. Investors confident in founder and CEO Jeff Bezos and his invest-and-expand strategy flooded into the stock as the company revolutionized shopping, up-ended the book industry and took on the cloud — even though its vast range of initiatives ate up all the company's profits. After the Seattle company on Thursday reported a huge third-quarter loss and issued a disappointing holiday forecast, the stock sold off by nearly 10 percent. It's now lost 28 percent of its value since the beginning of the year, closing at $287.06 Friday. Investors are increasingly signaling that Amazon needs to work harder at turning a profit. http://apne.ws/ZMOqfm http://bit.ly/1fJ5yqZ
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