Investors have been really excited about Amazon since it reported profits in its Q4 earnings, sending the stock soaring. It's close to hitting its all-time high for the year ($376 vs closing-high of $402 in December 2013).
A bunch of analysts saw the Q4 numbers as a sign that Amazon is finally getting serious about profits. Whether they're right is another story, but even modest profits clearly gave a huge boost to Wall Street's outlook.
Check out how the stock has moved in the past year, via Yahoo Finance:
Here's its all-time high:
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See Also:
- Jeff Bezos' brilliant advice for anyone running a business
- Here's why Amazon's stock is going nuts
- Amazon's profit shows how few people understand the way the company works
SEE ALSO: The biggest mystery about Amazon's business right now
