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image: Mike Segar / Reuters

Amazon shares slightly higher as investors await Prime Day results

July 18, 2018

Via: CNBC

Shares of Amazon ticked higher on Wednesday as Wall Street awaited the final results from Prime Day, the e-commerce giant’s annual sales event.

The stock rose 0.1 percent in the premarket after closing at a record high in the previous session.

Coresight Research had forecast Prime Day sales to hit at least $3.4 billion. So far, early indications of the event have been positive.

Amazon said in a press release late Tuesday that small and medium-sized businesses had sold more than $1 billion in since Monday, when the event started.

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