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Amazon Is Close To $1 Trillion In Market Capitalization

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American online trader Amazon.com is one step away from reaching 1 trillion dollar capitalization. Trading company’s shares closed on Friday at a record $ 2,012.71 in cash, reaching $ 981.68 billion in market valuation. The calculations show that for the “trillion” limit, stocks need to rise with 2%.

Analysts are of the opinion that this will happen in the second week of September 2018.

Since the beginning of this year, Amazon.com has soared 72%. According to Dan Nathan, co-founder and editor of RiskReversal.com, Amazon’s capitalization will be above $ 1 trillion dollars until next Friday. His calculations, based on the options purchased so far, are to reach $ 2059 per share by Friday, which is enough to join the trillion dollar club along with Apple, BlackRock inc and etc..

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