Stock Watch: Is Stock Back on Track? (Nasdaq: AMZN) stock is still more than 80 points off its all-time high, but things are looking up. Shares of gained 8-7/8 to 135 on Wednesday after the company announced that it has a minority stake in online sporting goods retailer

This came one day after the stock climbed 8-3/4 on the news that had launched sections for toys and electronics on its Web site. Another bit of news that helped boost stock on Wednesday was the newest Nielsen/NetRatings report for June. The report said that was the top e-commerce retailer in June. That reinforced Tuesday’s PC Data report that had No. 1 after trailing eBay one month earlier.

Profits or no profits, looks like the leader of the pack.

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