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Amazon one-day shipping is a hit with shoppers – and it cost less than the expected $1.5 billion

“What we saw was essentially a very strong holiday performance from the middle of November on,” said Amazon’s Chief Financial Officer Brian Olsavsky on the earnings conference call, according to a FactSet transcript. The report sent Amazon stock skyrocketing 11.2% during Friday premarket hours, approaching an all-time open record high. “Amazon took share during holiday and one-day shipping is an important competitive advantage,” said KeyBanc Capital Market analysts let by Edward Yruma. Read More...

Amazon one-day shipping is a hit with shoppers – and it cost less than the expected $1.5 billion

“What we saw was essentially a very strong holiday performance from the middle of November on,” said Amazon’s Chief Financial Officer Brian Olsavsky on the earnings conference call, according to a FactSet transcript. The report sent Amazon stock skyrocketing 11.2% during Friday premarket hours, approaching an all-time open record high. “Amazon took share during holiday and one-day shipping is an important competitive advantage,” said KeyBanc Capital Market analysts let by Edward Yruma.

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