Thursday, November 10, 2022
Amazon World’s First Public Company to Lose $1 Trillion in Market Value
Jesus, I wish I had a trillion dollars to
lose in market value
. 😒
Amazon.com Inc. is the world’s first public company to lose a trillion dollars in market value as a combination of rising inflation, tightening monetary policies and disappointing earnings updates triggered a historic selloff in the stock this year.
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