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George Ma
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Stocks
April 15 09:43

Amazon stock price has broken a historical record

Value of Amazon shares during the course of trading has reached a historical record over the rally of stock exchanges, according to the data from trading platforms.
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As of 14:28 GMT, Amazon shares rose by 4.09% to US$2256.59 per share, while in the course of trading earlier the index rose to a historical maximum of US$2264.15. Based on the current quotes, the value of the entire company exceeds US$1.1 trillion.
The average growth of 2-3% is observed on the U.S. stock markets, which is supported by strong statistics from China and the beginning of the corporate reporting season.
Earlier in April, Forbes magazine reported that the head of Amazon Jeff Bezos again topped the list of the richest people in the world, for the third consecutive year. Bezos's fortune is now rests at US$135.7 billion.
Amazon is one of the largest online retailers in the world. Apart from the US, company operates in Canada, China, Brazil, Japan and Europe. Amazon.com, online store, was launched in July 1995. As of the end of 2019, the company had 798,000 employees.