Why Amazon Stock Was Surging Today

Shares of Amazon (NASDAQ: AMZN) were soaring today after the tech giant delivered a strong fourth-quarter earnings report after hours, beating estimates on the top and bottom lines, as profit margins ramped up in the quarter and results were solid across the board.

As of 10:18 a.m. ET, the stock was up 6.8% on the news.

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Source Fool.com