Jeff Bezos, founder and CEO of Amazon, pictured on Oct. 2, 2019.
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The company reported $10.30 in earnings per share and $88.91 billion of revenue for the quarter, easily topping consensus estimates on both fronts.
The stock has already been a big winner for investors this year, rising more than 60% as the pandemic put a premium on online shopping and delivery services. Shares rose sharply after the earnings results were announced, gaining about 5.9% in premarket trading after closing Thursday’s session at roughly $3,052.
Originally published at CNBC