Amazon Gets Upgraded to the $3 Trillion Club

Dow Jones
Aug 03

Amazon shares jumped 5% this morning, propelling the company to a $3.08 trillion market valuation.

The gain comes on the heels of a 15% jump on Friday, when Amazon stock had its best day in years after investors liked what they saw in its latest report card.

Amazon is the fifth-ever company to reach the $3 trillion milestone. Apple, Microsoft, Nvidia and Alphabet are the other four, in that order.

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