Amazon (NASDAQ:AMZN) Loses $71 Billion as Bezos’ Stock Sale Challenges AWS Momentum
Amazon.com, Inc. saw approximately $71.2 billion wiped from its market capitalization on Tuesday after a founder-share sale filing halted an earnings-driven surge. The stock declined $6.60, or 2.32%, finishing at $277.42. Shares were priced 0.5% higher at $278.75 as of 05:45 EDT Wednesday.