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E-Commerce Spending Hits Thanksgiving Record. Amazon, Shopify Stock Gain In Black Friday Trading.

By Investor's Business Daily   |   1 year ago
E-Commerce Spending Hits Thanksgiving Record. Amazon, Shopify Stock Gain In Black Friday Trading.

Americans spent a record $6.1 billion online on Thanksgiving, with Amazon stock closing slightly higher. Adobe and Salesforce reported strong e-commerce growth. Discounts on electronics and apparel drove impulse shopping, with mobile devices accounting for 59.5% of spending. Amazon's stock gained 5.

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