Amazon Prime Cost May Increase in the US; UA's Shares Jump Higher

The three main benchmarks in the U.S closed down today due to volatile trading. Is Amazon (AMZN) about to raise their Amazon Prime price in the U.S.? Amazon raised its prime prices in Europe by 64% and some think that these increases will eventually come to the United States. Despite Under Armour (UA) being the scapegoat for the U.S. failing to medal in a speedskating event, Under Armour announced today that they plan to double their sponsorship for the speedskating team for the next eight years.
Throughout the Olympics Under Armour repeatedly stood by their speedskating suits saying they are the fastest in the industry. Investors loved this news and Under Armour's shares rose 4.5% in afternoon trading.

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Published on Feb 21, 2014
By InvestorGuide Staff

Copyrighted 2020. Content published with author's permission.

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