Redid the Amazon math scale...ready Amazon is up a gigantic $390 in the last week or about 18% Doing quick math that if Amazon continues on this trajectory that by December 31st 2020 Amazon will have a screaming value of $8,100,000,000,000 498,000,000 (outstanding shares) x 390 = $194,000,000,000 $194,000 000,000 x approximately 36 weeks left in the year gets you approximately $6.9 trillion in added market cap on top of the $1.2 trillion it already carries, so a combined value of a $8.1 trillion dollar company. The numbers are absolutely mind-boggling. What I'm saying is that these gains are literally impossible to continue on the upward trajectory that Amazon has been climbing. There is no way a single company can be worth 38% of our national GDP!!!!!!!!!! Amazon trading at approximately $2400 a share today!
Have you seen what the quarantine has done for Amazon’s business? The trucks quite literally are at my house just about every day.
If you claim this as a permanent shift in the way people entertain, work, shop, etc then you are saying that more than half of the 22 million jobs lost are never ever coming back. That means economic growth isn't going anywhere for a long long long time
Incredible i just looked. Amzn,apple and msft each have $1.25 tril or more market cap. its as if the selloff never happened . Crazy
Maybe just maybe one of these days they might add it to Dow. Ya think! And boot out Walgreens Boots Alliance.
Well maybe AMZN would consider a split (10 or more to 1) to gain Dow status. Of course they don't need to but it might help them keep Chumpie off their back - a little.