Amazon Shares Pass $3,000, Joining Other Tech Stocks Hitting Record Highs

deadline.com:

Dade Hayes Finance EditorShares in Amazon broke the $3,000 barrier to finish Monday’s trading session at an all-time record of $3,057.04, leading a wave of tech stocks at record highs.The tech-heavy Nasdaq Composite itself continues to set records, closing Monday at 10,433.65.

It has gone up 14% in 2020 to date, erasing steep losses in February and March.Apple climbed 3% to $373.85. Alphabet increased 3% to $1,495.70, which was slightly below its all-time mark.

Microsoft gained 2% to get to $210.70. It was the first time that Amazon, Apple, Alphabet and Microsoft each had a market value of $1 trillion apiece.

While many economic sectors have faced significant struggles during COVID-19, tech giants by and large have only solidified their.