Amazon Flirts With $1 Trillion Value Amid 8-Day Rally Streak
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Amazon.com Inc. briefly topped $1 trillion valuation again after posting its longest winning streak since a short-lived push above that level in September.
The stock hovered right at the $1 trillion value mark as of 10:25 a.m. in New York. Seven consecutive days of gains had boosted the e-commerce giant’s market value to $993 billion as of Wednesday’s close. It took an eighth day of gains on Thursday to push the market capitalization above the 13-figure mark.