New York- Amazon stock rallied 5.86% on the day or $9.11 a share as investors were excited about the strong results of Google and spilled their money into shares of Amazon. Amazon.com, Inc which offers services to consumers, sellers, and developers through its retail Websites. It also manufactures and sells the Kindle e-reader. The company has seen a large move in, its stock since it reported its second quarter results. This happened despite the stock losing nearly 20% in after hours trading when they reported their second quarter results. Amazon can be seen as a conduit by the market to play volatility instead of being an actual company that is being valued. Amazon reports its Q3 on October 21.To see the full Amazon report Click Here
No comments:
Post a Comment