Amazon shareholders usually approve compensation packages for top executives by wide margins. This year, with a new CEO in charge, the vote was a relative squeaker. Read More...
Motley Fool
Why Amazon Is Surging Higher Today
Shares of Amazon (NASDAQ: AMZN) were up more than 2% in early trading Tuesday, defying the Nasdaq Composite index, which opened in negative territory and is down nearly 80 basis points as of this writing. Sure, Amazon has been beaten down along with many other high-growth tech stocks that trade at high multiples of near-term earnings. Last week, Amazon shareholders officially approved the company’s 20-for-1 stock split, which was first announced back in early March.
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