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Why Amazon Stock Popped Today

TheMotleyFool

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Shares of Amazon (NASDAQ: AMZN) were moving higher today, even though there was no major news out on the tech giant.

Instead, the stock seemed to rise in sympathy with Meta Platforms (NASDAQ: META), which surged after reporting earnings last night. With Amazon's earnings report due out after the market closes today, investors are hoping it can benefit from similar tailwinds.

As of 12:11 p.m. ET, Amazon stock was up 6.2%, while Meta stock was up nearly 25%.

Source Fool.com

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