Analysts expect this year's Prime Day to be biggest yet

9:47 AM ET Tue, 16 July 2019

Analysts are betting this year's Prime Day will be the biggest yet. The company is expected to bring in around $5.8 billion in sales globally this week, according to Coresight Research. Prime Day is good for Amazon stock, as well. The company has added an average of more than 5% in the month after the sales event, according to Kensho data.