Connect with us

Hi, what are you looking for?


Amazon Tops Stock Price With Flex Program

Amazon stock reached a new high today with a peak of $1,646.48 per share, due to recent announcements of company’s expansion programs.

The company experienced a 16 percent drop in evaluation earlier this year, rebounding with a strong earnings report late April. This period’s stock price beat Wall Street’s expectations by $2 per share.

The correlation to the rise in stock price is due to the recent announcement for Amazon’s second headquarters. Amazon acquired an old FedEx warehouse in Pittsburgh for the new Amazon Flex program.

The Amazon flex program is a courier-style service, that offers people the opportunity to make some extra money through deliveries around time blocks. The Amazon Flex delivery station allows for the couriers to pick the items up, scan the bar code, and provide directions for the delivery.

The new Flex program isn’t limited to retail and includes restaurant delivery options. The Flex program is the delivery system for their two-hour delivery option, Amazon Now.

Another new program by Amazon has increased share price through the discount service for Prime users at Whole Foods grocery store. This goal of this new initiative is to convert Amazon users to switch to Prime.

Amazon reported in April that Prime reached 100 million users, which was also peaked the stock price. Check out the video above for more Amazon developments.

You May Also Like


In the past year, Peloton, manufacturers of stationary exercise bicycles and treadmills, has been experiencing some severe financial difficulties. The company went through a...


While the ongoing supply chain problems affecting the global economy have had the expected effects, they’ve also had some decidedly unexpected effects. Specifically, many...


As gas prices continue to rise and consumer confidence drops, not to mention the ongoing war in Ukraine, the European economy is taking a...


As the environmental need for electric vehicles becomes more pressing, and the car-buying public becomes more eager for them, automotive manufacturers are getting ready...


This morning, Coinbase CEO Brian Armstrong sent a mass email out to his company informing everyone that, as stock and crypto prices slip and...


Last week, a former cybersecurity expert for Twitter, Peiter “Mudge” Zatko, released a whistleblower report on the social platform. In his report, Zatko cited...


Zelle is a peer-to-peer payment app and service that can be used by individuals to send and receive money, in a similar vein to...


Earlier this week, following the third-term victory of Chinese President Xi Jinping, market shares in Hong Kong experienced a sudden, violent sell-off. Xi’s controversial...