By Dade Hayes Finance Editor Netflix and Amazon shares both closed Tuesday at their all-time highs, with both tech giants managing to largely thrive during a grueling period of viral shutdown.
Broader stock indices extended their recent upswings despite pervasive gloom and doom in the forecast, with the Dow 30 climbing 2% and the NASDAQ rising 4% for the day.
Investors have singled out Netflix and Amazon for their respective market positions and execution during the time of COVID-19.
Netflix stock rose 4% to $413.55 on above-average volume, while Amazon’s finished at $2,283.32, up 5%, also on better-than-average volume.
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