Why You Can Trust CNET Short Take: Amazon.com files for shelf offering
Net bookseller Amazon.com today filed for a shelf offering of up to 5 million shares, for a proposed maximum offering price of $208.9 million. In the filing, the company said it expects to continue posting losses, and warned of possible lower profit margins from some new products, such as music.
Jeff Pelline Staff Writer, CNET News.com
Jeff Pelline is editor of CNET News.com. Jeff promises to buy a Toyota Prius once hybrid cars are allowed in the carpool lane with solo drivers.
Net bookseller today filed
for a shelf offering of up to 5 million shares, for a proposed maximum
offering price of $208.9 million. In the filing, the company said it
expects to continue posting losses, and warned of possible lower profit
margins from some new products, such as music.