Amazon Shares Rising as Earnings Announcement Nears

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Amazon will announce its first quarter earnings at the market close today. The stock started the day trading at $193.41 and is trading at $196.14 as of 2:35 PM Eastern time today.

Wall Street punished Amazon after its fourth-quarter 2011 earnings announcement, where it recorded record revenue but slim profits.

Stay tuned to Digital Book World for news on Amazon’s first-quarter earnings.

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