Online Black Friday Sales Said to Rip 26% Higher (BBY) (AMZN) (EBAY)
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According to new data out of comScore (Nasdaq: SCOR) on Sunday, Black Friday e-commerce sales rose 26 percent to $1.042 billion, the first time e-commerce sales have topped the $1 billion mark for the holiday season's busiest shopping day.
For the first 23 days of November, online holiday sales are up 16 percent to $13.726 billion, while online sales popped 32 percent on Thanksgiving.
At last check, sales through November 18th were clocked at $10.135 billion, a 16 percent jump from last year. Overall, the site sees e-commerce spending up 17 percent through the holidays.
Traders will keep an eye on names like Amazon.com (Nasdaq: AMZN), eBay (Nasdaq: EBAY), Wal-mart (NYSE: WMT), and Best Buy (NYSE: BBY) as strong online sales continue to play out.
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According to new data out of comScore (Nasdaq: SCOR) on Sunday, Black Friday e-commerce sales rose 26 percent to $1.042 billion, the first time e-commerce sales have topped the $1 billion mark for the holiday season's busiest shopping day.
For the first 23 days of November, online holiday sales are up 16 percent to $13.726 billion, while online sales popped 32 percent on Thanksgiving.
At last check, sales through November 18th were clocked at $10.135 billion, a 16 percent jump from last year. Overall, the site sees e-commerce spending up 17 percent through the holidays.
Traders will keep an eye on names like Amazon.com (Nasdaq: AMZN), eBay (Nasdaq: EBAY), Wal-mart (NYSE: WMT), and Best Buy (NYSE: BBY) as strong online sales continue to play out.
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