Amazon shares surged 4.7% Monday, reaching a historic valuation milestone after strong earnings performance.
Amazon (AMZN) climbed 4.7% in early trading Monday, pushing its market capitalization past $3 trillion. The stock briefly touched an all-time high of $287.17 before paring gains.
The rally follows a post-earnings surge, extending momentum from recent financial results. Amazon last traded at these levels in late 2023, before a broader tech sector pullback.
Shares settled slightly off peak levels but remained firmly in positive territory for the session.