for the life of me i cant see why this happened. other than increased pandemic costs and spending alot of money on expansion which has been in line with their core business plan nothing bad has happened to the company. amazon is raking money they are not some overvalued tech company operating at massive losses. other than apple i cant think of a better company to just continue to invest in over time.
AggressiveConcert56 t1_j26std7 wrote
Reply to Amazon lost half its value this year as tech stocks got crushed and recession fears grew by predictany007
for the life of me i cant see why this happened. other than increased pandemic costs and spending alot of money on expansion which has been in line with their core business plan nothing bad has happened to the company. amazon is raking money they are not some overvalued tech company operating at massive losses. other than apple i cant think of a better company to just continue to invest in over time.