Why Amazon Stock Jumped on Tuesday

Shares of Amazon.com (NASDAQ: AMZN) jumped again on Tuesday, hitting a new all-time high. The stock was up about 5.3% as of 1:50 p.m. EDT.

Shares of the e-commerce and cloud-computing giant were rising amid a sharp jump in the overall market. But optimistic analyst commentary about the growth stock might have helped, too.

Image source: Amazon.com.

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Source Fool.com