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Amazon Could Be Next $1 Trillion Company

Amazon Could Be Next $1 Trillion Company Amazon could follow Apple in hitting a $1 trillion valuation.  Shares of the tech giant rose 0.8% on Thursday, hitting an all-time high of $1,899.96. The stock now just needs another 7% gain in order to hit a market cap of $1 trillion. Apple recently became the first public company to hit a $1 trillion valuation. A share price of $2,050.27 would get Amazon to hit the milestone. Amazon’s final hike to $1 trillion could take a while. Wall Street analysts currently have an average price target of $2,114 per share. Amazon spiked 60% since the beginning of 2018.

Source: Inform News

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