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Why Amazon.com Stock Popped Today


Shares of e-commerce giant Amazon.com (NASDAQ: AMZN) jumped 2.2% through 10:30 a.m. ET on Monday, the stock's fourth straight day of price gains. The big news today:

Amazon is diving deeper into robotics.

Warehouse robotics, to be precise. As the company announced on its AboutAmazon.com blog on Friday, Amazon has just signed a deal to acquire Belgian "mechatronics solutions" company Cloostermans.

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Source Fool.com

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