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VIEW EVENT INFORMATION: amazon |
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Amazon Stock Price Pops On News Of Prime Price Increase |
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About the organization Amazon: Type: Business Sub-Types: Downloading Agent, Website, Retailing Agent, E-Commerce, Internet, Online Store, Store, Application Software, Telecommunication, Telecommunication Software, Online Shop |
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Notable Organizations: Amazon, Techcrunch |
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The street likes what it hears. This morning, prior to the market opening, Amazon announced that it was raising the price of its Prime subscription membership by $20 to $99 a year. The company’s stock followed suit and opened the day at $376, trading at up 1.63% on the day.
This stock price increase puts its highest level since the dramatic crash following disappointing holiday earnings. |
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