Daily Market Updates: Amazon hits new high, pushing market cap past $3 trillion

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Amazon hits new high, pushing market cap past $3 trillion

Amazon shares reached a new all-time high on Monday, extending gains after its post-earnings surge and lifting the company’s market capitalization above $3 trillion.

Reported · Written up by our desk · Equities

Amazon shares rose to a new all-time high on Monday, keeping the momentum from the company’s post-earnings surge, CNBC Markets reported.

The stock move pushed Amazon’s market capitalization above $3 trillion, according to CNBC World and CNBC Earnings.

With the rally continuing into the new trading session, investors added value quickly enough to clear the $3 trillion threshold.

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Sources

CNBC MarketsAmazon tops $3 trillion market cap as stock continues post-earnings surge

CNBC WorldAmazon tops $3 trillion market cap as stock continues post-earnings surge

CNBC EarningsAmazon tops $3 trillion market cap as stock continues post-earnings surge

US Markets

Amazon hits new high, pushing market cap past $3 trillion

More like this

Sources

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