I reminded everyone of this "sales fall-out" last month and predict that this stock would go down to $135-150 range. But most would rather just "hoped" for better, instead of evaluate the situation realistically.
Saw it too. The same thing or worse can be expected for Amazon. The following is the hightlight of the news.
Oracle (ORCL) Stock Down on Cloud Accounting Lawsuit
Oracle (ORCL) stock is declining in pre-market trading as a former employee sues the company on allegations that she was fired for whistleblowing about improper accounting practices.