Business
Why Amazon.com stock just popped
This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.
What happened
In a late-breaking development, GeekWire just reported that Amazon.com Inc (NASDAQ: AMZN) has delivered a letter to new US President Joe Biden offering “to assist you in reaching your goal of vaccinating 100 million Americans in the first 100 days of your administration.”
By 3 p.m. EST, Amazon.com stock had jumped 4.9% in response.
So what
In the letter, Amazon Worldwide Consumer CEO Dave Clark reminded the president that Amazon.com is “the nation’s second largest employer” with “over 800,000 employees in the United States, most of whom are essential workers.”
Clark advised that Amazon has already hired…
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