The latest news about Amazon stock.
Amazon.com - shares up!
Amazon’s shares rose sharply on Friday, and there were plenty of positive comments about the company from analysts, as well as some positive news on the horizon for Amazon.com and Amazon’s customers.
Investors are taking the news that Amazon will be selling its music-streaming service at the same time as its movie-streaming service with more of a sense of relief than surprise.
Shares of Amazon rose 10.4%The latest news about Amazon stock. Plus, analysis on why the company will benefit more from Amazon Prime Day than they will from Amazon’s annual Prime Day event.
By Troy Kiehl
Updated: April 4, 2014
Amazon stock is up over 20% since its last earnings call. In the past four earnings call calls, Amazon CEO Jeff Bezos has been much more direct about the company’s success. But some of his remarks aren’t so favorable. Some analysts are pointing more fingers at the company’sThe latest news about Amazon stock.
There are few stocks in the world that are more beloved by investors than Amazon. Its shares have gained nearly 9,000% since the company went public in 1997. The stock was once dubbed the “Internet bubble” stock, but it has seen spectacular gains since then. It’s now the world’s largest retailer by market capitalization, and it’s even bigger in America: The company has more than 300 million customers and $190 billion in revenue. Amazon is even the largest online retailer in