Amazon’s rate is rising sharply thanks to the better-than-expected flash report

Amazon’s stock price has risen sharply after the fourth-quarter report of the company that has outperformed its rivals and became better than analysts’ expectations and forecasts.

The stock price of Amazon, the world’s largest online retailer, has jumped more than 13 percent in e-commerce trading after closing on Thursday, pushing its market capitalization over 1 billion USD again. (MTI)