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Why Amazon Stock Was Gaining This Week

After a dismal 2022, Amazon (NASDAQ: AMZN) stock is off to a hot start this year. Through Thursday afternoon, shares of the tech giant were up 10.9% this week, according to data from S&P Global Market Intelligence, due primarily to an expansion of its Buy with Prime program and a rising tide in stocks. The main news driving the stock higher this week was the announcement about Buy with Prime, which gives Prime members the opportunity to use Prime benefits like free shipping and returns on sites other than Amazon. Read More...

After a dismal 2022, Amazon (NASDAQ: AMZN) stock is off to a hot start this year. Through Thursday afternoon, shares of the tech giant were up 10.9% this week, according to data from S&P Global Market Intelligence, due primarily to an expansion of its Buy with Prime program and a rising tide in stocks. The main news driving the stock higher this week was the announcement about Buy with Prime, which gives Prime members the opportunity to use Prime benefits like free shipping and returns on sites other than Amazon.

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