In premarket trading on Thursday shares of Amazon.com (NASDAQ:AMZN) WD-40 (NASDAQ:WDFC) JPMorgan Chase (NYSE:JPM) and Zillow Group (NASDAQ:Z) all saw gains.
Amazon.com's stock was up 0.4% at $3371.70 per share as of 8:32 AM ET (12:32 GMT). The e-commerce giant has been experiencing significant growth as consumers increasingly turn to online shopping during the COVID-19 pandemic. Amazon's Prime Day event which took place earlier this week also helped drive sales.
Shares of WD-40 rose 3.4% to $469.50. The company reported strong fiscal third-quarter results on Wednesday with a 22% increase in net sales compared to the same period last year. WD-40 also raised its full-year guidance due to the positive momentum.
Meanwhile JPMorgan saw a 0.6% increase in its stock price trading at $153.41. The bank's solid earnings report released on Tuesday showed a profit of $14.3 billion in the third quarter surpassing analysts' expectations. JPMorgan's strong performance was driven by its investment banking and trading divisions.
Zillow Group also experienced a 2.7% gain in premarket trading with shares reaching $83.60. The real estate company has been benefiting from the strong housing market as low mortgage rates and high demand for homes continue to drive sales. Zillow's online platform which allows users to buy sell and rent properties has become increasingly popular during the pandemic.
Investors are optimistic about the overall market with the Dow futures up 104 points or 0.4% as of 8:41 AM ET (12:41 GMT). The S&P 500 futures and Nasdaq 100 futures also saw gains of 0.3% and 0.2% respectively.
