Amazon’s Stock Record as Jassy Approaches Three-Year CEO Anniversary
Happy anniversary, Andy Jassy! Well, almost. On Friday, the Amazon CEO will celebrate the third anniversary of his ascension to the top job. And this year Jassy has something to really celebrate.
Amazon’s stock closed today at $200, its highest point ever. It’s also 14% higher than when Jassy took the reins, which might not sound like a lot but, hey, don’t forget Amazon stock cratered with the 2022 stock market crash. The stock has finally recovered from the beating it endured that year, when it fell much more than other big tech stocks, including Apple, Microsoft and Alphabet.