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SPIKE Amazon Shatters Earnings Predictions Ben Margot / AP Photo

Amazon Shatters Earnings Predictions

Amazon beat Wall Street’s most generous predictions for its first-quarter earnings, sending its stock price up 15 percent at the close of trading Thursday. The online-retailing giant’s revenue was $13.18 billion, up 34 percent from a year ago and ahead of expectations by nearly a billion dollars. Amazon shares jumped to $225 in after-hours trading from a closing price of $195.99

April 26, 2012 5:56 PM