Amazon Stock Soars After Q3 Earnings Exceed Expectations

Reported about 17 hours ago

Amazon's stock experienced a significant surge after the company's third-quarter earnings report surpassed Wall Street forecasts, with earnings per share of $1.95 compared to estimates of $1.58, and revenue of $180.17 billion exceeding expectations of $177.82 billion. Following the release, the stock soared by as much as 10% in after-hours trading, as investors reacted positively to the strong performance.

Source: YAHOO

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