The big jump in ecommerce giant Amazon.com Inc.’s stock Friday in the wake of second-quarter results, suggests investors were the most surprised by Amazon...
The big jump in ecommerce giant Amazon.com Inc.’s stock AMZN Friday in the wake of second-quarter results, suggests investors were the most surprised by Amazon news in more than nine months. The 9.4% upside gap in the stock chart, between Thursday’s closing price of $128.91 and Friday’s opening price of $141.06, was the biggest gap since the 11.8% downside gap between the Oct. 27, 2022 close and the Oct. 28 open after a disappointing holiday-season sales and profit outlook.
’s stock AMZN Friday in the wake of second-quarter results, suggests investors were the most surprised by Amazon news in more than nine months. The 9.4% upside gap in the stock chart, between Thursday’s closing price of $128.91 and Friday’s opening price of $141.06, was the biggest gap since the 11.8% downside gap between the Oct. 27, 2022 close and the Oct. 28 open after a disappointing holiday-season sales and profit outlook. For just upside gaps, Friday’s is the biggest since the 10.
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