TELETRADER News
2/4, 1:20 PM (Source: TeleTrader)
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Amazon surges by over 10% in premarket

Amazon.com Inc.'s shares rocketed by more than 11% in the premarket on Friday after the report on the company's fourth-quarter financial results showed its earnings per share (EPS) nearly doubled in that period.

Other major technology firms that also unveiled their performances in the same trimester the previous day, Pinterest Inc. and Snap Inc., also registered significant gains in the prices of their shares.

Just a couple of hours before the beginning of the trading session, Amazon's shares advanced by 11.99.%. Pinterest's stocks jumped by 13.67%. Meanwhile, Snap's shares surged by a staggering 46.57%.

Baha Breaking News (BBN) / JR