<< Read Full Article
<< Read Full Article
Amazon Bridges Troubled Waters
- Loading Comments...
Amazon(AMZN Quote) heads into its fourth-quarter earnings Thursday on a roll: It was a record season for online shopping, and Amazon is one of the best-performing Internet stocks since it last announced earnings.
Shares of Amazon have risen 11.5% after its October earnings, outpacing all large-cap Internet stocks except Yahoo!(YHOO Quote) and InterActiveCorp(IACI Quote) in the three-month period.
In addition, Amazon's gains have nearly doubled that of the Nasdaq Composite.
The stock has also breezed passed its summer 2006 trading level of $34 right before disappointing second-quarter earnings sent it nose-diving to $26. Shares of the company closed Wednesday's regular session up 62 cents to $37.67. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |
Connect with TheStreet