Market Overview

Amazon Higher By 13% After Q3 Beat

Share:, Inc. (NASDAQ: AMZN) shares are trading higher by $128.57 at $1100.00 in Friday's session.

The catalyst for the rally is a Q3 EPS beat of 49 cents along with a revenue beat of $2 billion. The company also raised its Q4 sales guidance.

After a much higher open, Amazon had a brief $8.00 retreat to $1055.55 before continuing its move higher. It has easily surpassed its former all-time high from July ($1083.31), so far reaching $1105.00. At this time, it's attempting to remain in the $1100.00 handle.

Posted-In: Technicals Intraday Update Movers Trading Ideas


Related Articles (AMZN)

View Comments and Join the Discussion!
Book A Demo
Learn How You Can Succeed In The Market With Benzinga Pro

Fastest Market News

Real-Time News Alerts

Customizable News Filters

Book A Demo

What Wall Street Analysts Think About Amazon's Post-Earnings Prospects

Vetr Downgrades Oracle