AMZN Has ‘Best Ever’ Holiday Season – Zacks Tale of the Tape
Source: http://www.zacks.com/stock/news/16552/AMZN+Has+%27Best+Ever%27+Holiday+Season++-+Zacks+Tale+of+the+TapePosted on Friday, December 26th, 2008 | In Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -
Amazon.com (AMZN) said that it had the best holiday shopping season to date, even though online consumer spending at U.S. retailers languished.
The company witnessed orders of more than 6.3 million items on its peak day, Dec. 15, which came to 72.9 items ordered per second. On that day, the Seattle-based company had shipped over 5.6 million units.
Amazon is a Zacks #4 Rank (”Sell”) company. Shares of the company are currently up by less than 1%.
“AMZN” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research
Last 5 posts by Zacks Market Commentaries
- Repsol Remains Neutral - Analyst Blog - November 24th, 2009
- MIL Buys Remaining Stake in India - Analyst Blog - November 24th, 2009
- EMS Enters Oversold Territory - Zacks Tale of the Tape - November 24th, 2009
- Bearish MACD for Toreador - Zacks Tale of the Tape - November 24th, 2009
- Brightpoint Wins WiMAX Contract - Analyst Blog - November 24th, 2009
Tags for this Post:
online consumer spending;, Seattle, Stocks to Watch, United States, Zacks Market Commentaries
online consumer spending;, Seattle, Stocks to Watch, United States, Zacks Market Commentaries
 About Zacks Market Commentaries (http://www.zacks.com/)
Zacks Market Commentaries |
No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.