- 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.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in