By: Gigaom
Amazon stock hits an all time high
Amazon stock is up, up and away yet again -- here's the latest news and a chart that shows the company's gravity-defying growth.

Whether its due to $3.8 billion in revenues from Amazon Web Services, its annihilation of old-school rivals Best Buy and Barnes & Noble or its desire to one-up Netflix — Amazon has become the darling of the stock market one more time and is defying gravity. The company’s stock hit an all time high in early trading this morning. Morgan Stanley was one of the Wall Street firms that boosted its rating on Amazon to overweight earlier today. The stock is up about $8.42 a share or roughly 3.25 percent to $267.57 at the time of this writing, giving the company a market capitalization of about $121 billion. In comparison, Apple stock continues its southerly direction and is down for the day so far.

AMZN Chart

AMZN data by YCharts

Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here