Amazon Stock Suffers Its Biggest One-Day Drop Since 2006, Falling 14% After Report Of Quarterly Loss squib

Falling victim to the latest spasm of market volatility, Amazon shares plunged 14% today in the wake of a poor first-quarter earnings report. It was the company’s worst single-day decline since 2006, according to Bloomberg data. The pullback, which saw the stock settle at $2,485.63 erased more than $200 billion in market value. Last March, […]
Continue reading on Deadline...