Amazon Stock Rises as the 'Scout' Delivery Robot Is UnveiledA majority of Entrepreneur Index™ stocks were up on the day.
Amazonannounced the launch of its cooler-sized ground delivery unit, Scout, on Thursday. Amazon had already showcased its drone deliveries, but it's now branching out even further with its logistics business.
"We're starting with six Amazon Scout devices, delivering packages Monday through Friday, during daylight hours," Amazon said in astatement. "The devices will autonomously follow their delivery route but will initially be accompanied by an Amazon employee. We developed Amazon Scout at our research and development lab in Seattle, ensuring the devices can safely and efficiently navigate around pets, pedestrians and anything else in their path."
The announcement helped Amazon stock prices rise by 14.91 points per share -- 0.91 percent.
Other big winners on the day were chipmakerNVIDIACorp. (5.73 percent) andAnalog Devices(6.63 percent). 39 of the 60 stocks in theEntrepreneur Index™were up on the day, including FAANG stocksFacebook,Netflixand Alphabet.com.
J.M. Smucker Company(-2.32 percent),OReilly Auto Parts(-2.29 percent) andBrown-Forman Corp(-2.23 percent) had the biggest drops on the day.
TheEntrepreneur Index™collects the top 60 publicly traded companies founded and run by entrepreneurs. The entrepreneurial spirit is a valuable asset for any business, and this index recognizes its importance, no matter how much a company has grown. These inspirational businesses can be tracked in real time onEntrepreneur.com.
