Amazon’s Market Capitalization Drops to Over $900 Billion — the First Time It’s Been Below $1 Trillion Since April 2020
For the first time in two and a half years, Amazon is worth less than $1 trillion. Bloomberg I Getty ImagesAn Amazon warehouse in November 2021 when Amazon’s stock was nearing its pandemic peak. This is primarily due to a massive sell-off after the company projected a sluggish holiday season in an earnings report last…