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s it mean for…</h3></div> <div><p>medium.com</p></div> </div> <div> <div style="background-image: url(https://miro.readmedium.com/v2/resize:fit:320/0*1FgAq3st-MBtHgjC)"></div> </div> </div> </a> </div><p id="f66c">Amazon’s AMZN stock rose an impressive 9.31% in only one day. On Thursday, February 1st, AMZN stock opened at $157.17. By the time the stock market closed at 4:00 PM on Friday, February 2nd, it was at$ 171.80<b>.</b></p><p id="8438">On Thursday, February 1st, AMZN announced that the price of Amazon Prime was going to be increased by 17% to $14.99 instead of$ 12.99.</p><figure id="f922"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/0*_PKRPOriwrjwjvYX"><figcaption>Photo by <a href="https://unsplash.com/@thibaultpenin?utm_source=medium&utm_medium=referral">Thibault Penin</a> on <a href="https://unsplash.com?utm_source=medium&utm_medium=referral">Unsplash</a></figcaption></figure><p id="aec6">Amazon’s quarterly report came out on February 2nd, which must’ve contributed to the growth in market capitalization by roughly $190 million when the stock market closed. Typical

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ly, investors read quarterly reports before investing in stocks like Amazon, which could explain part, if not all, of the growth. Amazon’s current value is now $1.6 trillion.</p><p id="5f1b">At roughly$ 170 per share, AMZN stock is at a pretty good price for investors to sell their shares for a profit unless they want to continue investing long-term and wait another two to five years or more before selling for even higher.</p><p id="1eda">For investors who haven’t yet invested in AMZN stock, it’s probably a better idea to wait for the stock to decrease so they can buy it at a discounted price later on when the price is down.</p><p id="2274"><b>Thank you for reading the Angelucci Business Times</b>. Please let our newspaper know what can be done to make this story better for you by writing a comment or sending an email to <i>[email protected]</i>.</p><figure id="f2ec"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/0*A7UWtUBRF4VJFZXQ.png"><figcaption>Angelucci Business Times logo</figcaption></figure><p id="81e6"><b>Angelucci Business Times would love to hear your suggestions</b> so our stories can only be of the highest quality for our valued readers.</p></article></body>

Amazon Technology Business News | THE ANGELUCCI BUSINESS TIMES

Amazon AMZN Stock Rises 9.31% in One Day

Impressive growth for Amazon’s AMZN stock in only one day. What caused AMZN stock to grow so rapidly? What does it mean for investors?

Similarly to Facebook’s META stock, Amazon’s AMZN stock rose by a fairly high percentage on Friday, joining META in growing the S&P index by quite a bit.

Facebook META Stock Rises 20% to All-Time High in One Day

META rose 20.33% on the stock market in only one day. Where did this crazy growth come from, and what does it mean for…

medium.com

Amazon’s AMZN stock rose an impressive 9.31% in only one day. On Thursday, February 1st, AMZN stock opened at $157.17. By the time the stock market closed at 4:00 PM on Friday, February 2nd, it was at $171.80.

On Thursday, February 1st, AMZN announced that the price of Amazon Prime was going to be increased by 17% to $14.99 instead of $12.99.

Amazon’s quarterly report came out on February 2nd, which must’ve contributed to the growth in market capitalization by roughly $190 million when the stock market closed. Typically, investors read quarterly reports before investing in stocks like Amazon, which could explain part, if not all, of the growth. Amazon’s current value is now $1.6 trillion.

At roughly $170 per share, AMZN stock is at a pretty good price for investors to sell their shares for a profit unless they want to continue investing long-term and wait another two to five years or more before selling for even higher.

For investors who haven’t yet invested in AMZN stock, it’s probably a better idea to wait for the stock to decrease so they can buy it at a discounted price later on when the price is down.

Thank you for reading the Angelucci Business Times. Please let our newspaper know what can be done to make this story better for you by writing a comment or sending an email to [email protected].

Angelucci Business Times would love to hear your suggestions so our stories can only be of the highest quality for our valued readers.