Amazon adds $76 billion in market cap in one day
E-commerce giant Amazon added $76 billion in market capitalisation on Thursday after the company’s profits more than doubled to $1.6 billion for the March quarter. Amazon shares surged about 4% during the regular session, adding $23.3 billion to its market valuation. The company added another $52.7 billion to its market capitalisation after shares surged another 6.6% in after hours trading.
short by /
04:57 pm on 27 Apr
Source: Inshorts
Special Thanks to Inshorts