May 30 (UPI) -- Shares of Internet retailer Amazon crossed the $1,000 per share threshold for the first time Tuesday on the NASDAQ exchange.
The milestone for the company, which dominates in online commerce and cloud computing, comes as its share price has climbed 40 percent from one year ago. Amazon shares hit $1,001.20 on Tuesday morning before falling below the threshold; its 52-week low was $682.12.