Amazon Set to Break Record for One-Day Gain in Market Cap

(Bloomberg) — If its pre-market trading holds up, Amazon Inc. is about to break a bigger record than just its own peak share price.The largest U.S. e-commerce company saw its shares jump by more than 10% after Thursday’s earnings report crushed Wall Street estimates. If that gain stands through Friday’s close of trading, the company could see its market capitalization surge by more than $90 billion, and push the total value above $1 trillion — a level the stock has flirted with intraday, but never held through the market close.That’d be the biggest single-day gain on record for a U.S. …read more

Source:: Yahoo Finance

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