Amazon pops 10.6 percent on the stock market following surprisingly good earnings
April 29, 2016 at 10:58 AM EDT
Amazon shares opened at $665.55 this morning, up 10.6 percent compared to yesterday’s closing price of $602. In other words, Amazon’s market capitalization just grew by nearly $30 billion. Yesterday, Amazon announced some blockbuster earnings. This was the company’s most impressive quarter. In particular, Amazon Web Services is growing like crazy and could generate well over… Read More