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Why Amazon Stock Jumped on Tuesday

TheMotleyFool

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Why Amazon Stock Jumped on TuesdayPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Edward Burtynsky: https://img.theapi.app/temp/32e7a10f-efd0-424a-861f-2f3e0bb7ce02.png

Shares of Amazon.com (NASDAQ: AMZN) jumped again on Tuesday, hitting a new all-time high. The stock was up about 5.3% as of 1:50 p.m. EDT.

Shares of the e-commerce and cloud-computing giant were rising amid a sharp jump in the overall market. But optimistic analyst commentary about the growth stock might have helped, too.

Image source: Amazon.com.

Source Fool.com

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