Skip to main content

Market Overview

Amazon.com Hits A 10-Year High--Adding $8B To Its Market Cap!

Share:
Amazon.com Hits A 10-Year High--Adding $8B To Its Market Cap!

Amazon.com (AMZN) has popped $19 or 20% this morning to $122.77. Investors and traders are gobbling up Amazon.com as it continues to steal market share from other retailers online and offline.

AMZN is included in our aggressive growth portfolio and our price target is $120. Investors are buying Amazon after it reported great earnings and gave guidance above wall street estimates.

Amazon's sharp move today has added an astonishing $8.6 billion to its market capitalization today. To celebrate, we are hearing Jeff Bezos is giving away a Kindle to everyone who visits Amazon.com today.

 

Related Articles (AMZN)

View Comments and Join the Discussion!

Posted-In: Jeff Bezos KindleAnalyst Color News Analyst Ratings Movers

Latest Ratings

StockFirmActionPT
SEDGB of A SecuritiesMaintains411.0
PTLOPiper SandlerMaintains28.0
AOUTLake StreetMaintains26.0
RAPTPiper SandlerMaintains52.0
OCXLake StreetMaintains6.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com