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Benzinga
Benzinga
Business
Avi Kapoor

Why Amazon Shares Are Trading Higher By Over 12%; Here Are 20 Stocks Moving Premarket

Amazon Nasdaq Amazon.com Inc.
Amazon.com Inc.

Shares of Amazon.com Inc (NASDAQ:AMZN) rose sharply in today's pre-market trading as the company reported upbeat third-quarter financial results.

Amazon reported third-quarter net sales of $180.2 billion, up 13% year-over-year. The sales total beat the Street consensus estimate of $177.8 billion, according to Benzinga Pro. Amazon said it sees fourth-quarter net sales in a range of $206.0 billion to $213.0 billion, up 10% to 13% year-over-year, respectively.

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