Amazon Nightmare Is Reminiscent of the Dotcom Collapse

It can be a dim yr for Amazon. 

A year to overlook. 

The e-commerce large definitely desires to place 2022 powering it and get out of what seems to be a true stock market place nightmare.

The numbers speak for by themselves: The Amazon stock shut the December 22 investing session at $83.79, which represents a 49.7% drop compared to December 31, 2021. This is the lowest closing stage for the Amazon inventory due to the fact March 12, 2019. Fundamentally, the group, established by Jeff Bezos, has fully erased all the gains for the duration of the two several years when rigorous limits have been place in place to limit the distribute of COVID-19.