- Amazon.com Inc AMZN has finalized the Prime Day mega sale event on June 21 and 22. Bloomberg previously revealed the dates.
- The shopping event will deliver Prime members over 2 million deals across every category.
- Amazon will spend over $100 million on small business sales for Prime Day and the rest of 2021.
- Last year, Amazon had to postpone the event until mid-October due to pandemic-related uncertainties, CNBC reports.
- Amazon deferred the event in India and Canada in 2021 due to the pandemic resurgence.
- Amazon preponed the event in June 2021 to avoid the July vacation period.
- Amazon sees Q2 revenue guidance between $110 billion - $116 billion after factoring in the Prime Day sales, beating the Wall Street consensus of $108.6 billion.
- Price action: AMZN shares traded higher by 0.23% at $3,226.11 on the last check Wednesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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