(Bloomberg) -- Amazon.com Inc. jumped in extended U.S. trading after the world's biggest online retailer boosted its 2007 earnings and sales forecasts and said first-quarter profit doubled on increased electronics and clothing sales.
Shares of the Seattle-based company climbed $5.46, or 12 percent, to $50.21 as of 6:16 p.m. in New York. Amazon posted first-quarter net income of 26 cents a share, topping the 16-cent average analyst estimate compiled by Bloomberg.
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