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Amazon.com (AMZN) Jumps: Stock Adds 6.2% in Session

Amazon.com, Inc.AMZN was a big mover last session, as the company saw its shares rise by over 6% on the day. The move came on the company's announcement of solid results for third-quarter 2015 on Thursday, Oct 22. This led to solid volume with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 22.1% since Sep 29, 2015.

The company has seen 2 positive and 3 negative revisions in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Amazon.com. So make sure to keep an eye on this stock going forward to see if Friday's jump can turn into more strength down the road.

Amazon.com currently has a Zacks Rank #2 (Buy).

Another well-ranked Internet commerce stock is JD.com, Inc. JD , sporting a Zacks Rank #1 (Strong Buy).

Is AMZN going up? Or down? Predict to see what others think: Up or Down

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AMAZON.COM INC (AMZN): Free Stock Analysis Report

JD.COM INC-ADR (JD): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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