Amazon at all-time high ahead of Kindle Fire event
Post# of 102241
Posted On: 09/06/2012 1:05:41 PM
Re: pennymonkey #3689
Amazon at all-time high ahead of Kindle Fire event
SAN FRANCISCO (MarketWatch) – Shares of Amazon.com (NASDAQ:AMZN) reached an all-time on Thursday, ahead of the expected release of the new version of its Kindle Fire tablet. Amazon shares were last trading up 2.2% at $251.59, shortly after reaching an intraday high of $251.99. The online retailer is gearing up for an event in Los Angeles in which it is expected to unveil a new Kindle Fire, Amazon’s bid to play a significant role in a rapidly growing mobile market. Amazon shares have risen 45% since the beginning of the year.
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