Why Amazon Shares Are Trading Higher By 12%; Here Are 20 Stocks Moving Premarket
Amazon reported strong Q2 results, beating revenue and earnings estimates. Shares jumped 11.9% in pre-market trading while other stocks also saw gains/losses.
Amazon did better than people expected with its earnings report, so more people want to buy its stock. When a big company beats expectations, it can make the whole market feel more cheerful.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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