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Amazon's stock climbed as much as 6% in volatile after-hours trading shortly after the results. Despite a sharp 3.3% drop during regular trading on Thursday, the stock is still up 23% so far in 2024.
The stock trades for only 35 times forward earnings estimates today, a drop from more than 42 times just a few weeks ago. This looks particularly cheap, considering Amazon's earnings track record ...
Sundaram pointed to Amazon's 11% operating margin, which came in above Wall Street's expectations of 9.34%, as another key driver of the stock's move higher after hours. Arun noted that Amazon is ...
Within two months, Amazon's sales were up to $20,000 per week. [19] In October 1995, the company announced itself to the public. [20] In 1996, it was reincorporated in Delaware. Amazon issued its initial public offering of capital stock on May 15, 1997, at $18 per share, on the NASDAQ stock exchange under the symbol AMZN. [21]
Amazon reported fourth quarter earnings that beat analysts' expectations Thursday and delivered an optimistic outlook for the months ahead.The stock climbed more than 6% in early trading on Friday.
Amazon stock is up more than 125% over the last 21 months -- and still has plenty of gas in the tank.
Jobless claims from last week fell by more than expected to 216,000, a 12,000 drop from the week prior. Economists had expected claims to come in at 230,000. Here's where US indexes stood shortly ...
Amazon (NASDAQ: AMZN) stock slipped 2.7% through 10:20 a.m. ET Monday morning after Wells Fargo analyst Ken Gawrelski downgraded the stock from overweight to equal weight (i.e., from buy to hold).