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Amazon follows Apple Inc, hits $1 trillion market value milestone

Shares in the world's largest online retailer Amazon last traded up 1.4 per cent at $2,041.68

Reuters 

Amazon
Amazon logo on the facade of one of their office buildings located in Silicon Valley, San Francisco bay area | Photo: Shutterstock

com Inc on Tuesday became the second US company to reach $1 trillion in stock market value, just weeks after Inc hit the same milestone on Aug 2.

Shares in the world's largest online retailer last traded up 1.4 per cent at $2,041.68. Its shares hit the $2050.2677 level to give its stock a value of $1 trillion.

crossed the $2,000 threshold for the first time on August 30 after doubling its price in just 10 months. shares first hit $1,000 on October 27, 2017. It first reached $100 on October 23, 2009.

First Published: Wed, September 05 2018. 00:22 IST
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