Amazon's Stock Soars Ahead of Upbeat Q1 Earnings Report.
TL;DR Summary
Amazon's stock rallied to its highest in more than two months on Friday after a research firm predicted the online heavyweight's retail business in North America is set beat Wall Street's estimates. Amazon's shares climbed 3.6% to $107.44, their highest since Feb. 3, giving the Seattle company a stock market value of $1.1 trillion. Data compiled by YipitData suggests Amazon's March-quarter North American net sales will beat analysts' expectations, and that April sales are also trending ahead of Wall Street's consensus for the second quarter.
- Amazon rallies after research firm predicts upbeat retail sales Yahoo Finance
- Amazon Earnings Are Next Week. It Remains 'Best Idea' for J.P. Morgan Analysts. Barron's
- Can Amazon Stock Break Out Ahead of Its Earnings Report? Check the Chart. TheStreet
- Amazon stock rises on sign of positive Q1 sales (NASDAQ:AMZN) Seeking Alpha
- A Bull Market Is Coming: 3 Reasons to Buy Amazon Stock The Motley Fool
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