While you were sleeping: Amazon shares rise on Cyber Monday

Mon, 27 Nov 2017

By Margreet Dietz Nov. 28 (BusinessDesk) - Wall Street was mixed as shares of Amazon rose amid signs of robust spending by shoppers on Cyber Monday, the busiest online spending day of the year, while energy stocks followed oil prices lower. US shoppers spent US$840 million online as of 10am in New York on Monday, up 17 percent from a year ago, Bloomberg reported, citing Adobe Systems, in line with Adobe's forecast of the day’s sales to reach US$6.6 billion. Shares of Amazon traded 1.3 percent higher as of 1.17pm in New York after clim...

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