Shares of Amazon.com Inc. (AMZN) rose 1.0% in afternoon trading Tuesday, to put them on track to close at a fourth straight record. The stock has run up 5.7% during the record streak, and has hiked 15.2% higher since the e-commerce and cloud giant reported . Since earnings were reported, Amazon has added $141.6 billion to its market capitalization to reach $1.07 trillion, to place the company in third place on the list of most valuable U.S. companies. Amazon is behind No. 1 Microsoft Corp. (MSFT) at $1.414 trillion and second-place Apple Inc. (AAPL) at $1.405 trillion, but above fourth-place Google-parent Alphabet Inc. (GOOGL) at $1.037 trillion. Amazon's is on the only stock of the four trillion-dollar companies that is gaining ground on Tuesday. Amazon's stock has now gained 21.7% over the past three months, while the Dow Jones Industrial Average has tacked on 5.8%.
-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
February 11, 2020 14:13 ET (19:13 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.