Stock Watch: Is Amazon.com Looking At Beyond.com?

Shares of online software retailer Beyond.com (Nasdaq: BYND) soared more than 28 percent, climbing 7-1/4 to 32-7/8 on Wednesday as rumors about Amazon.com (Nasdaq: AMZN) buying the company at a nice premium began to surface.

CNBC reported the rumor that Amazon.com is bidding $48 a share for Beyond.com. Now that Amazon.com seems to be branching out into almost category possible, this potential deal seems to make sense. If it does happen, here’s hoping that Beyond.com CEO Mark Breier — who recently appeared on CNBC wearing nothing but boxer shorts — will use his money to buy some clothes for his next TV appearance.

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