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Amazon's stock falls again, as market cap drops by $60 billion from $1 trillion intraday peak

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Amazon has forfeited $60 billion in market cap since early September

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Amazon.com was primed to join Apple at $1 trillion in market cap — now it’s worth less than MicrosoftIt’s an all-Seattle battle to become the second most valuable company in the world — and potentially achieve a $1 trillion market valuation — with Microsoft overtaking Amazon.com on Friday.
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Analyst sees Amazon stock going from a bear market to beyond its record $1 trillion valuationAmazon is 'becoming a profit machine' and the stock will reach $2,300 by the end of the year, Loop Capital Markets' Anthony Chukumba says. He is probably long on Amazon And mostly off the backs of cheap chinese labor and working Americans to death, and for what? More cheap crap no one needs!
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