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What’s Going On With Amazon Shares

Amazon.com, Inc. (NASDAQ: AMZN) shares are trading higher by 3.91% to $109.08 Thursday morning in sympathy with other big tech stocks following their respective earnings reports. Amazon's first-quarter earnings announcement is today after market closure.
byHenry Khederian
April 27, 2023
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Amazon.com, Inc. (NASDAQ:AMZN) shares are trading higher by 3.91% to $109.08 Thursday morning in sympathy with other big tech stocks following their respective earnings reports. Amazon’s first-quarter earnings announcement is today after market closure.

See Also: Why Meta Stock Is Skyrocketing Today

According to analyst consensus estimates, Amazon is expected to report revenue of $124.53 billion on EPS of 21 cents.

On CNBC’s “Options Action,” Kevin Kelly, Kelly Intelligence CEO, said there were 1.15x more calls than puts on Amazon on Wednesday.

There is an implied move of +/-8.18% in the stock into earnings…Read More

According to data from Benzinga Pro, AMZN has a 52-week high of $146.57 and a 52-week low of $81.43.

 
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