By Todd Spangler NY Digital Editor Shares of Amazon, the world’s biggest online retailer, climbed over 3% to a new all-time high for the stock — giving the colossal company a market value of more than $1.1 trillion.
Amazon’s stock was up 4.2% in Tuesday morning trading to over $2,260 per share, topping its previous all-time high on Feb. 19 when it closed at $2,170.22 per share.
Amid the economic devastation the COVID-19 crisis, Amazon has been one of the “stay-at-home” stocks investors have flocked to, alongside those of companies including Netflix, Zoom, and Domino’s.
The Seattle-based company has seen a massive surge in online orders during the coronavirus pandemic. To meet the increased demand, Amazon hired an additional 100,000 full-
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