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$3 trillion is the market capitalization Amazon crossed on Monday, with shares climbing to a new all-time high as a post-earnings rally extended into the new week. The threshold had not been reached before.
The milestone Market cap is calculated as share price multiplied by total shares outstanding. Amazon's equity valuation crossing $3 trillion means that sum exceeded the figure at Monday's prices.
The all-time high means the stock surpassed every prior peak on record, intraday and closing alike. A market cap at this level places a company at the upper bound of publicly traded equity values.
The $3 trillion figure is the reported fact; the source attributes Monday's move to a post-earnings surge still in progress.
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