Why Amazon Surged 11.5% in November

Shares of Amazon (NASDAQ: AMZN) rallied 11.5% in November, according to data from S&P Global Market Intelligence.Amazon's strong performance came on the heels of its third-quarter earnings report, which was delivered the evening of Oct. 31, setting up an exciting month that contained more product and partnership announcements.In the third quarter, Amazon grew revenue 11% to $158.9 billion, with earnings per share of $1.43. Both figures beat analyst expectations. Management also guided for between 7% and 11% growth for the fourth quarter with an eye-opening 36% rise in operating income, projecting more margin improvements that have propelled the stock all year. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool