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12-20-2013, 10:35 PM
Amazon Stock Tops $400 for First Time
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Amazon (http://mashable.com/category/amazon/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)'s stock topped $400 a share for the first time in early trading Friday after flirting with that record for much of this month.
The stock increase follows several upgrades from analysts in recent months, including Goldman Sachs and UBS, citing growth in the ecommerce market and the strength of Amazon businesses like Kindle and Amazon Web Services. The surge also coincides with reports (http://www.bloomberg.com/news/2013-12-02/cyber-monday-sales-increase-19-percent-aided-by-mobile-ibm-says.html) this month that Amazon had a very strong holiday season
See also: Amazon Drone Delivery: Why It's **t Crazy (http://mashable.com/2013/12/02/amazon-prime-air/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
Amazon hit $300 (http://mashable.com/2013/07/11/amazon-stock-breaks-300-for-first-time/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss) for the first time back in July.
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More about Amazon (http://mashable.com/category/amazon/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Stocks (http://mashable.com/category/stocks/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss) http://ad.doubleclick.net/ad/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1387561273 (http://ad.doubleclick.net/jump/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1387561273)http://feeds.feedburner.com/~r/Mashable/~4/6Kl6nkulGBA
http://rack.1.mshcdn.com/media/ZgkyMDEzLzEyLzIwLzgzL2Jlem9zLjRlOTkxLmpwZwpwCXRodW 1iCTU3NXgzMjMjCmUJanBn/0df40b8b/f7e/bezos.jpghttp://rack.3.mshcdn.com/assets/feed-tw-df3e816c4e85a109d6e247013aed8d66.jpg (http://twitter.com/share?via=Mashable&text=Amazon+Stock+Tops+%24400+for+First+Time&src=http%3A%2F%2Fmashable.com%2F2013%2F12%2F20%2Fa mazon-stock-high%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss)htt p://rack.1.mshcdn.com/assets/feed-fb-fdab25e3700868c9621fb03b7fd07c38.jpg (http://www.facebook.com/sharer.php?u=http%3A%2F%2Fmashable.com%2F2013%2F12 %2F20%2Famazon-stock-high%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss&src=sp)
Amazon (http://mashable.com/category/amazon/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)'s stock topped $400 a share for the first time in early trading Friday after flirting with that record for much of this month.
The stock increase follows several upgrades from analysts in recent months, including Goldman Sachs and UBS, citing growth in the ecommerce market and the strength of Amazon businesses like Kindle and Amazon Web Services. The surge also coincides with reports (http://www.bloomberg.com/news/2013-12-02/cyber-monday-sales-increase-19-percent-aided-by-mobile-ibm-says.html) this month that Amazon had a very strong holiday season
See also: Amazon Drone Delivery: Why It's **t Crazy (http://mashable.com/2013/12/02/amazon-prime-air/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
Amazon hit $300 (http://mashable.com/2013/07/11/amazon-stock-breaks-300-for-first-time/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss) for the first time back in July.
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More about Amazon (http://mashable.com/category/amazon/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Stocks (http://mashable.com/category/stocks/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss) http://ad.doubleclick.net/ad/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1387561273 (http://ad.doubleclick.net/jump/mash.to/rss;pos=atf;tag=ad;mtype=standard;type=rss;sz=300x 250;ord=1387561273)http://feeds.feedburner.com/~r/Mashable/~4/6Kl6nkulGBA