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AMZN Has 'Best Ever' Holiday Season

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December 26, 2008 |Comments: 0
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AMZN

Amazon.com (AMZN) said that it had the best holiday shopping season to date, even though online consumer spending at U.S. retailers languished.

The company witnessed orders of more than 6.3 million items on its peak day, Dec. 15, which came to 72.9 items ordered per second. On that day, the Seattle-based company had shipped over 5.6 million units.

Amazon is a Zacks #4 Rank ("Sell") company. Shares of the company are currently up by less than 1%.

Read the full analyst report on AMZN

 
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