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Why Amazon Stock Just Popped 5%

TheMotleyFool

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On a Monday when most stocks appear to be in the red, with the S&P 500 down 1.5% at 2 p.m., one stock is glowing a decidedly optimistic shade of green: Shares of Amazon.com (NASDAQ: AMZN) were up a healthy 5.3%.

Amazon warehouses will soon be ready to accept more third-party merchandise. Image source: Getty Images.

The Wall Street Journal just reported that Amazon is ready to resume allowing third-party sellers to sell nonessential items on its website by sending those items to its warehouses for delivery to Amazon customers.

Source Fool.com

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