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Why Amazon Stock Gained 12% in April

TheMotleyFool

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Shares of Amazon (NASDAQ: AMZN) were climbing last month after the tech giant posted strong first-quarter earnings at the end of the month and benefited from a broader rally in early April.

According to data from S&P Global Market Intelligence, Amazon shares finished the month up 12%. As you can see from the chart below, the stock gained steadily over much of April.