Hmmm.....Amazon tumbles.....devalued
One wonders about the status of the debt used to purchase the Washington Post? How was it collateralized. Is the collateral still worth any thing?
Bezos paid about $250 million for the Washington Post. He probably funded it out of petty cash.
Amazon has a P/E ration of 89 they should be in trouble. That is a ridiculous P/E.
The entire tech sector is overvalued. If people are selling off Amazon out of fear they should thank Trump for knocking some sense in to their heads
There is an old saying in the stock market: You can’t lose money by selling at a profit.
Eventually this bubble will burst. Get out while you can. If you get out early so what? You got out with a profit and that is a good thing.