Amazon Rose Nearly 9% in Morning Trading Because of Strong Q4 Results

Tiger Newspress2022-02-04

Amazon rose nearly 9% in morning trading because of strong Q4 results.

Amazon reported Q4 net income late Thursday of $27.75 per diluted share, up from $14.09 per share a year earlier.

The company said the latest results include a pretax valuation gain of $11.8 billion included in non-operating income from its investment in Rivian Automotive, which went public in November.

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Kristo
2022-02-05
Kristo
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