Something is fishy in Denmark -- AMZN up $45 in after market trading
Gregory Alan Bolcer stashed this in Groupthink
I'm going to guess they aren't up on beating Q3 estimates alone. I wonder if they are going to announce an acquisition?
Who would Amazon acquire at this point?
I was thinking the other way around. I thought they might be acquiring someone, but it looks like just the surprise profit was enough to drive the price.
As long as I've known Amazon, the stock has a logic of its own.
Could it be due to this?
I heard they have trouble keeping to their 2 day delivery promise in Europe, they will be able to control and improve this by also being the delivery company.
Yes, that could be it! If Amazon becomes the delivery company they become not just about retail but about last mile logistics.