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Why Amazon Shares Are Trading Higher By Over 12%; Here Are 20 Stocks Moving Premarket - Ardelyx (NASDAQ:ARDX), Amazon.com (NASDAQ:AMZN)
Benzinga· 2025-10-31 09:31
Group 1: Amazon's Financial Performance - Amazon reported third-quarter net sales of $180.2 billion, representing a 13% year-over-year increase, surpassing the Street consensus estimate of $177.8 billion [1] - The company anticipates fourth-quarter net sales to be between $206.0 billion and $213.0 billion, indicating a year-over-year growth of 10% to 13% [1] Group 2: Stock Movements - Amazon shares increased by 12.5% to $250.79 in pre-market trading following the positive financial results [2] - Other notable stock movements included DEFSEC Technologies Inc gaining 74.3%, Beneficient surging 46%, and Medicinova Inc rising 37.7% in pre-market trading [5]