Why Amazon Stock Rocketed Off Course Today
On Tuesday, shares of Amazon.com (NASDAQ: AMZN) fell by a little -- about 2.3% as of 2:30 p.m. ET -- on some big news. The company is, of course, most famous for its e-commerce business, though it actually makes far more of its profits from cloud computing. And now, it plans to spend billions of dollars to build another brand new business.
In space.
Image source: Getty Images.
Source Fool.com
