Amazon on Monday closed just 2 points lower than it's the all-time high stock value of $2170.22 on February 19, 2020. Amazon recently just reported that it intends to hire another 75000 new employees in addition to the 100000 that it had just hired previously.
Amazon is one of the few stocks in the financial markets performing extremely well in the face of the Covıd-19 crisis. More and more people are resorting to online shopping including groceries and toiletries.
The company now expects to spend an extra $500 million in wages.