Instant Alert: Amazon just hit a record high on Black Friday

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Amazon just hit a record high on Black Friday

by Graham Rapier on Nov 24, 2017, 10:05 AM

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  • Shares of Amazon hit an all-time high of $1172.25 Friday morning.
  • The Black Friday shopping day is key for both physical and digital retailers, with shoppers planning to spend 51% of their holiday shopping budget online, compared to 42% in stores, according to a Deloitte survey of more than 4,000 Americans.
  • More than 500 employees at the company’s main Italian distribution hub in Piacenza are striking.
  • Amazon stock is up 55.37% so far this year.

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