The Traderszone Network

Published in TZ Latest News 29 September, 2016 by The TZ Newswire Staff

Where Amazon Treads, Stocks Tremble

Amazon has clawed up the slippery stock market slope to become one of the biggest companies, as measured by market cap, in the world.

With a new all-time high reached last week of more than $804 a share, Amazon’s shares have doubled in less than a year and a half, and that brings the eCommerce behemoth to stand beside illustrious tech peers and investor darlings. The firm is ranked fourth in the world by market cap, behind only Apple, Alphabet and Microsoft.

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