Amazon Stock Surged After It Announced Four New Versions of Fire 8 Tablets, Starting at $99.

Amazon Stock


On Wednesday, Amazon stock gained after introducing new variants of its Fire 8 tablets, including one with a display measuring 8 inches and costing $99 despite having a battery life of 13 hours.

Pre-orders for the newly released tablets, which include the Fire HD 8, Fire HD 8 Plus, Fire HD 8 Kids, and Fire HD 8 Kids Pro, can be placed starting today, and shipments will begin in October. The Amazon Fire 8 HD, which costs $99, features a Hexa-core processor that is 30 percent quicker than the one found in its predecessor. Additionally, Amazon (NASDAQ:AMZN) supports charging via USB-C and can be fully charged in five hours. There are three color options: black, denim, and rose.

The gray Fire HD 8 plus costs $120 and can be fully charged three hours after being plugged in. Amazon (NASDAQ:AMZN) also has the capability of wireless charging, a more detailed camera, and a more powerful processor than the Fire HD 8.

The Amazon Fire HD 8 Kids can be purchased for $150 and comes with a free one-year subscription to Amazon Kids+. This service provides access to a variety of children’s programming from popular networks such as Disney and Nickelodeon. You can pay an additional ten dollars to get a Mickey Mouse or a Disney Princess case for your kid’s version of the Fire HD 8 tablet with a Disney (DIS) theme. Amazon stock has witnessed an increase in trading volume due to the new developments. 

Along with a kid-friendly case, a one-year subscription to Amazon Kids+, and a worry-free guarantee for the next two years, the Fire HD 8 Kids Pro also includes a worry-free guarantee. In addition, users have access to a digital store where they can inquire to their parents about purchasing eBooks, apps, or games. As a result, Amazon stock was on investors radars. 

Amazon stock made a separate announcement on Wednesday on the launch of 71 new renewable energy projects worldwide. One of these projects is the company’s first renewable energy project to be located in South America.

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Amazon Stock surged in the market as it introduced four new versions of Fire 8 Tablets.

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About the author: I'm a financial journalist with more than 1.5 years of experience. I have worked for different financial companies and covered stocks listed on ASX, NYSE, NASDAQ, etc. I have a degree in marketing from Bahria University Islamabad Campus (BUIC), Pakistan.