MW: Amazon stock hits record high on hopes for a coronavirus-related boom

MARKETWATCH reports:
Amazon.com Inc. shares closed at a new high Tuesday, as the e-commerce and cloud-computing powerhouse continued to be seen as a safe target for investors in a rocky time.
Amazon AMZN, +5.27% stock gained 5.3% Tuesday to close at an all-time high of $2,283.32, topping the previous closing record of $2,170.22 set on Feb. 19. At that price, Amazon is worth roughly $1.14 trillion, according to FactSet. Shares have gained 23.6% this year, …

The post MW: Amazon stock hits record high on hopes for a coronavirus-related boom appeared first on The Loadstar.

Source: The Loadstar

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