Trilogy Capital Boosts Amazon Holdings Amid Earnings Beat
Trilogy Capital Inc., an investment management firm, increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 5.0% in the second quarter.
The company acquired an additional 3,427 shares during this period, bringing its total ownership to 72,209 shares of Amazon's stock.
This move added $17,210,000 to Trilogy Capital Inc.'s portfolio as of its most recent SEC filing.
Amazon.com, Inc. recently reported a successful quarter with earnings per share (EPS) of $5.75, beating analysts' estimates by $3.93.
The company's revenue reached $200.61 billion for the quarter, surpassing expectations of $197.03 billion.