Business

Amazon jumps to an all-time high as new CEO Andy Jassy takes over from Jeff Bezos


Amazon stock soared to new highs on Tuesday as Jeff Bezos handed over the reins of the company to longtime insider Andy Jassy. By noon ET, the stock had peaked at $3,645 per share, implying a market cap north of $1.83 trillion, before settling down. The intraday high was up 3.82% from Friday’s …

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