Amazon reaches a $1 trillion market cap

Amazon reaches a $1 trillion market cap

Thanks to hefty investor enthusiasm, Amazon’s stock price has risen enough to make the company briefly worth $1 trillion. The company’s stock briefly hit a $1 trillion market cap Tuesday the 4th of September before falling off and leaving Apple as the only publicly traded U.S. company above the benchmark. Amazon crossed the mark five weeks after Apple reached $1 trillion in early August after posting a strong quarterly report.

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