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Amazon's stock climbed as much as 6% in volatile after-hours trading shortly after the results. Despite a sharp 3.3% drop during regular trading on Thursday, the stock is still up 23% so far in 2024.
The firm maintained a buy rating on the stock and a one-year price target of $225 per share, which would represent upside of roughly 21% based on Amazon's closing price of $186.41 per share today.
E-commerce pioneer Amazon (NASDAQ: AMZN) stock has been a roller-coaster ride in recent years. Share prices soared more than 50% in three of the last eight years, mixed in with a 50% drop in 2022 ...
Data by YCharts.. Shopify's stellar results in Q3 beat Wall Street estimates, leading to a surge in its stock price that elevated its P/E multiple to over 100.Amazon's is substantially lower ...
Per NASDAQ’s own website, the NYSE and NASDAQ trading hours are the same: Standard trading hours from 9:30 a.m. EST to 4 p.m. EST. Observes nine holidays throughout the year. Pre-market and ...
Sundaram pointed to Amazon's 11% operating margin, which came in above Wall Street's expectations of 9.34%, as another key driver of the stock's move higher after hours. Arun noted that Amazon is ...
This isn't surprising given that the stock is up over 100% since the beginning of 2023. Keep Amazon stock on your watchlist before this earnings report on October 24. This isn't a screaming buy today.
Every weekday at 9:30 a.m. EST, a bell signals the opening of the New York Stock Exchange and the beginning of the trading session that runs until 4 p.m. EST. This is the period when most trading ...