Amazon just hit an all-time high as it inches towards becoming a $1 trillion company (AMZN)

Jeff Bezos Washington PostChip Somodevilla/Getty Images


Shares of Amazon climbed 0.8% on Thursday, hitting an all-time high of $ 1,899.96, as the e-commerce giant inches towards a $ 1 trillion valuation.

The stock now just needs another 7% gain in order to hit a market cap of $ 1 trillion. Based on the current number of outstanding shares — 487.74 million — a stock price of $ 2,050.27 would get it over the hump.

See the rest of the story at Business Insider

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Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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