Why Amazon Is Rising Higher on Cyber Monday

Shares of Amazon (NASDAQ: AMZN) were rising 2% Monday morning, on hopes Cyber Monday might fare better than Black Friday sales did.

Because retailers began offering "Black Friday" sale prices early in the month, the need to shop on the traditional start of the Christmas shopping season was muted. For the first time ever since such spending was tracked, Black Friday sales fell year over year.

Image source: Getty Images.

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Source Fool.com