
Amazon's stock has fallen 51 percent this year and is worth less than $1 trillion.
2022 was a very difficult year for Amazon; Because the company's stock experienced its worst year since 2000. Amazon's stock fell 51% in 2022, shedding hundreds of billions of dollars from the company's market value. However, it performed better than Meta and Tesla.
According to CNBC, Amazon shares fell 51% in 2022, the biggest decline since 2000. At that time, the retail giant's stock fell 80 percent. Amazon's market value has risen from $1.7 trillion in early 2022 to about $847 billion. Amazon left the trillion-dollar club last month.
Amazon problems
Rising inflation and rising interest rates have pushed investors away from growth and focused on companies with high-profit margins.
But Amazon inv...
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Amazon's market value will be halved in 2022
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