Amazon’s Post-Market Rally Adds the Equivalent of UPS in Value

United Parcel Service logos are displayed on the tail of cargo jets parked at a UPS Worldport facility in Louisville, Kentucky. — United Parcel Service logos are displayed on the tail of cargo jets parked at a UPS Worldport facility in Louisville, Kentucky.Photographer: Luke Sharrett/Bloomberg

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By Jeremy R Cooke

January 30, 2020 at 9:54 PM UTC

This article is for subscribers only.

Amazon.com’s earnings rally has added more than $110 billion to the e-commerce giant’s market value in extended trading Thursday.

By comparison, United Parcel Service’s entire market capitalization was less than $93 billion at the close.