With people staying at home and unable to shop in stores, they’ve turned to Amazon, pushing the company’s stock to new heights.
Indeed, Amazon’s shares hit their highest price ever this week at $2,333.37, catapulting its market cap to more than $1.15 trillion.
What is the highest Amazon stock has ever been?
The company’s stock has reached the four-digit mark, hitting a new high of $2,185.10 per share on Feb. 19, 2020, during intraday trading.
How much would I have if I invested $1000 in Amazon?
Amazon AMZN shares were down 2 percent in early trading Friday. Still, if you had invested $1,000 in Amazon in February 2009, your initial outlay would be worth more than $23,600 as of February 2019, according to CNBC calculations. That’s an increase of more than 2,000 percent.
Is Amazon stock a good buy now?
Amazon stock is currently not a buy, though conditions are improving. The stock is currently in a consolidation phase, with a buy point of 2,185.95. Buying stocks in a bear market comes with a high risk. It’s wiser for investors to place well-performing stocks on their watchlist for further evaluation.
What was Amazon stock price in 2019?
Amazon has a current share price of around $1,750. CNBC: Amazon’s stock as of December 2019. While Amazon’s shares have done well over the years, any individual stock can over- or underperform, and past returns do not predict future results.