Amazon Is No Longer a Trillion-Dollar Stock, and Here's Why That's a Buying Opportunity | The Motley Fool
Briefly

from The Motley Fool1 year ago
In May 2021, e-commerce giant Amazon  was valued at almost $1.9 trillion.But amid the sell-off in the broader tech sector, the company's stock has declined by more than 50%, and its valuation has dipped to just $900 billion.High inflation and rising interest rates have crushed consumers' spending power, which has been a drag on Amazon's biggest revenue driver: its retail business.
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