A $10,000 investment back then would be worth around $11.7 million today. It's fair to ask whether the kind of growth needed to mint new millionaires from an investment in the e-commerce giant is still possible. Amazon's stock has lost 40% of its value from its all-time high and is down over 30% in 2022 alone as pressure on consumers from rampant inflation, higher costs, and a deteriorating economy takes a toll. Read More...
A $10,000 investment back then would be worth around $11.7 million today. It’s fair to ask whether the kind of growth needed to mint new millionaires from an investment in the e-commerce giant is still possible. Amazon’s stock has lost 40% of its value from its all-time high and is down over 30% in 2022 alone as pressure on consumers from rampant inflation, higher costs, and a deteriorating economy takes a toll.
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