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Amazon’s stock soars into record territory, adding over $44 billion to its market cap

“The stock was on track for the biggest one-day post-earnings gain since it ran up 9.6% on April 29, 2016 after first-quarter 2016 results” writes Reporter Editor for marketwatch.com. The stock’s rally has boosted Amazon’s market capitalization by about $44.4 billion to about $511.50 billion. The stock has soared 42% year to date, while the S&P 500 SPX, +0.80% has climbed 15% and the Dow Jones Industrial Average DJIA, +0.15% has run up 18%.
 
Source: marketwatch.com



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