Amazon’s huge drop in share price - decrease of 14% in big one-day drop
Posted: Sun May 01, 2022 4:19 am
https://www.canadaforums.ca/2022/04/ama ... price.html
Amazon company sure had a big decrease in stock price in April.
April has been an unfortunate month for certain tech companies. Apple, Microsoft, Amazon, Alphabet, and Tesla set to lose a combined trillion dollars.
Some of the largest companies have come under heavy pressure in April amid a difficult earnings season and concerns over the Federal Reserve policy.
Amazon.com Inc. shares certainly collapsed on Friday. It was a huge loss in dollar market value.
The Amazon stock price decreased 14% in its biggest one-day drop since July 2006. Shares closed at their lowest level since June 2020.
Over a period of one year (ending April 29, 2022), the Amazon stock price really decreased 26%.
The Nasdaq 100 Index fell 4.5% on Friday, bringing its April decline to 13%, certainly its biggest one-month drop since October 2008.
Amazon stock price certainly fell 24% for the month, its biggest one-month percentage drop since November 2008.
Amazon company sure had a big decrease in stock price in April.
April has been an unfortunate month for certain tech companies. Apple, Microsoft, Amazon, Alphabet, and Tesla set to lose a combined trillion dollars.
Some of the largest companies have come under heavy pressure in April amid a difficult earnings season and concerns over the Federal Reserve policy.
Amazon.com Inc. shares certainly collapsed on Friday. It was a huge loss in dollar market value.
The Amazon stock price decreased 14% in its biggest one-day drop since July 2006. Shares closed at their lowest level since June 2020.
Over a period of one year (ending April 29, 2022), the Amazon stock price really decreased 26%.
The Nasdaq 100 Index fell 4.5% on Friday, bringing its April decline to 13%, certainly its biggest one-month drop since October 2008.
Amazon stock price certainly fell 24% for the month, its biggest one-month percentage drop since November 2008.