Amazon Stock Price Pops On News Of Prime Price Increase

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. The… Read More