Amazon.com, Inc. AMZN shares are trading higher by $3.50 at $802.52 in Thursday's session. Investors are reacting favorably to the announcement that the company plans to create 100,000 new, full-time, full-benefit jobs across the US over the next 18 months.
After a flat open, the issue matched Wednesday's closing price of $799.02 and began to move higher. So far, the ensuing rally has taken the issue to $808.75. That puts the issue in the lightly-traded area up to $815.43.
The reason the issue opened sharply lower on October 28 was because the Street wasn't satisfied with its Q3 earnings report, creating a void in price from its October 28 high ($789.49) up to the prior day's low of $815.43.
Amazon's all-time high was made on October 6 at $847.21 and its all-time closing high was made the day prior at $844.36.
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