image: Mike Segar / Reuters

Amazon shares slightly higher as investors await Prime Day results

July 18, 2018


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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