Amazon hits $1 trillion market cap

Amazon hits $1 trillion market cap

6 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/09/04/amazon-hits-1-trillion-in-market-value.html

Amazon market cap hit $1 trillion on Tuesday, becoming the second publicly traded U.S. company to reach the milestone valuation after Apple.

Shares of the e-commerce giant rose nearly 2 percent to a high of $2,050.50 in morning trading. The stock needed a price of $2,050.27 to reach the $1 trillion mark, based on an outstanding share count of 487,741,189 shares — according to the company's most recent quarterly report in July.