Amazonone of the world’s largest e-commerce companies, is already worth less than a trillion dollars.
Today in Nasdaqthe company’s shares ended the day at $96.79 per unita loss of 5.5%its lowest level since 2008. Now the capitalization value of the company is 987.418 million dollars.
In its report for the third quarter, it highlighted a 9% drop in its profits, to place itself in 2,872 million dollarsa disappointing result for investors who reacted with massive sales.
Since the publication of its results for the third quarter, its shares have fallen 12.77% and in market value it has lost 144,557 million dollars.
So far this year, their shares have accumulated a decline of 41.94%, down from 188.11 dollars per paper.
After reaching its all-time highs in 2020, the company owned by Jeff Bezos has faced various disagreements with the regulatory authorities of the countries where it operates.
From charges of unfair competition in the European Union for its own-brand products that imitate the trends of the best-selling producers on its platform, to clashes with the United States antitrust law.
Amazon belonged, until this Tuesday, to the club of the four technology companies that were worth more than a trillion dollars with Apple, Alphabet and Microsoft.
victor.barragan@eleconomista.mx
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