Amazon.com Closes Above $3,000 for the First Time
Amazon.com (NASDAQ: AMZN) has joined the exalted ranks of $3,000-plus stocks. The company hit that milestone on Monday, when its stock closed above that level for the first time in its history.
In recent years, the company has become the incumbent online retailer, the first choice for a great many people when it comes to buying a vast range of items. This trend has snowballed ever more, particularly in the wake of the coronavirus pandemic. Amazon is well suited for times like this; it's easy to order from and a customer usually -- despite some supply glitches this spring -- gets their goods quickly, with no-contact delivery.
Image source: Amazon.com.
Source Fool.com
