Verdict is In: Amazon drops 5.3%, wiping out $2.9B of market cap (google.com) 2 points by Eliezer 16y ago ↗ HN
[–] Eliezer 16y ago ↗ Of course, this probably doesn't reflect market value directly destroyed, so much as the market reacting to the new information about Amazon's sanity.S&P 500 up 1.43% for the day, and AMZN was down another 4% on top of that earlier in the day.Just thought it was worth mentioning the market's verdict: yes, it was stupid.
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[ 2.4 ms ] story [ 12.2 ms ] threadS&P 500 up 1.43% for the day, and AMZN was down another 4% on top of that earlier in the day.
Just thought it was worth mentioning the market's verdict: yes, it was stupid.