Amazon's stock rose by more than 11% in extended trading, making CEO Jeff Bezos even richer.
's stock soared more than 11% in extended trading after beating Wall Street expectations for the fourth quarter, and CEO Jeff Bezos added several billion to his net worth., Bezos owns more than 57 million shares of Amazon that he can sell. With the stock up by about $219 per share in extended trading, the value of Bezos' stake rose by roughly $12.6 billion.of $6.47 per share and $87.44 billion in revenue for the quarter. Analysts expected $4.03 of earnings per share and $86.
The sharp rise after hours makes Amazon the fourth trillion dollar company by the market cap in the United States.
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