{"id":83023,"date":"2022-11-02T02:19:54","date_gmt":"2022-11-02T06:19:54","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=83023"},"modified":"2022-11-02T02:13:58","modified_gmt":"2022-11-02T06:13:58","slug":"amazon-sell-off-pushes-market-cap-below-1-trillion-for-first-time-since-april-2020","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2022\/amazon-sell-off-pushes-market-cap-below-1-trillion-for-first-time-since-april-2020.html","title":{"rendered":"Amazon sell-off pushes market cap below $1 trillion for first time since April 2020"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/AMZN\/\">Amazon<\/a> has exited the trillion-dollar club. Shares of the e-retailer plunged 5.9% on Tuesday, falling for a fifth straight day and closing at their lowest since April 2020. The sell-off has erased almost all of the stock\u2019s pandemic surge. Investors continued to punish the company for last week\u2019s <a rel=\"noreferrer noopener\" href=\"https:\/\/carbon.cnbc.com\/107140570\" target=\"_blank\">disappointing fourth-quarter forecast<\/a>. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/11\/01\/amazon-plunge-pushes-valuation-below-1-trillion-first-time-since-2020.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Amazon has exited the trillion-dollar club. Shares of the e-retailer plunged 5.9% on Tuesday, falling for a fifth straight day and closing at their lowest since April 2020. The sell-off has erased almost all of the stock\u2019s pandemic surge. [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83023","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=83023"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83023\/revisions"}],"predecessor-version":[{"id":83024,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83023\/revisions\/83024"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=83023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=83023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=83023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}