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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