Amazon tops $2 trillion, joins elite tech club
Posted on AllSides June 27th, 2024
From The Right
Amazon marked an amazing new first, topping $2 trillion in market value for the first time and becoming the fifth company to join the club. Shares of Amazon, which hit a record $193.61 per share on Wednesday, now has a market cap of $2.015 trillion, as tracked by Dow Jones Market Data Group. It’s been 1,105 days since the last trillion milestone. Shares have advanced over 24% this year, beating the Nasdaq Composite’s nearly 19% rise. Bank of America raised its price target on the world’s largest online retailer to...