Amazon.com Climbs 3.3% Despite Analyst's Warning - TheStreet

Amazon.com (AMZN) - Get Report was up 3.3% in preopen Island trading. Lehman Brothers analyst Ravi Suria for the second time this year warned investors to "avoid" Amazon's convertible bonds due to continued concerns about the online retailer's cash picture next year.

Amazon.com stock got a boost Wednesday after the company surprised investors with a smaller loss than expected.