Shifting from Black Friday, Stocks Are Focused on Cyber Monday

4798As attention shifts away from Black Friday expect active trading in stocks seen to benefit from so-called Cyber Monday sales.
Shares of Amazon.com Inc. , the world's largest online retailer, are expected to see activity Monday as more online sales come into play for the holiday shopping season.

The stock, which is trading about 9% off its all-time high of $264.11 reached in September, has picked up momentum in November and gained 6.5% this past week to close at $239.88 as it and other retailers like Best Buy Inc.  kicked off Thanksgiving sales online. Read more about Black Friday and retailers.

EBay Inc.  shares, which rose 3.7% on the week, are also in focus as some look to flip hard-to-get holiday gift items and bargains purchased at Black Friday sales.


Source: Market Watch | Wallace Witkowski
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