30-05-2017 08:47 via marketingweek.com

Amazon, Snapchat, Co-op Bank: Everything that matters this morning

Amazon shares hit $1,000 for first time
Shares in Amazon have risen above the $1,000 mark for the first time. The shares touched $1,001.2 at one point yesterday (30 May) before slipping back to $996.7. It originally listed its shares in May 1997 for just $18 each.
Amazon now has a market capitalisation of about $478bn and according to consultancy Slice Intelligence, Amazon now accounts for about 43% of all online sales in the US. It is the fourth-largest US company by market capitalisation,
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