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Tribune News Service
Tribune News Service
Business
Angel Gonzalez

Amazon shares hit intraday high in wake of Whole Foods deal

SEATTLE _ Amazon.com is still basking in the glow of its deal to take over Whole Foods Market, with shares for the e-commerce giant hitting a fresh intraday high on Monday.

Amazon shares opened at $1,017, a record, according to Google Finance, although they later came down to around $1,000, up 1.28 percent from the close Friday, the day the $13.7 billion Whole Foods deal was announced.

The impact of the announcement was also still rippling through a few other retail names on Wall Street on Monday. Costco Wholesale shares were down 1.90 percent at $163.93. Wal-Mart was down 0.32 percent at $75.

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