After Meta’s stock got destroyed, we are now seeing Amazon’s stock get destroyed. It is down around 20 percent in after hours trading.
This isn’t a cryptocurrency or a pennystock.
This is one of the world’s most nearly trillion dollar companies, Amazon, $AMZN, down nearly 20% in after hours: pic.twitter.com/187nl8164b
— unusual_whales (@unusual_whales) October 27, 2022
JUST IN – Amazon falls over 20% in after-hours on weak Q4 outlook.
— Disclose.tv (@disclosetv) October 27, 2022
Amazon Prime downgraded to Amazon Sub-Prime.
— Douglas A. BOOneparth 👻 (@dougboneparth) October 27, 2022
I’m glad I’ve been buying gold and silver coins.
This stock market was in an enormous bubble because of all the endless money printing during the virus hoax era. It is totally doomed. All the big tech stocks are getting hammered and they’ll probably go even lower.
Amazon’s stock crashing like this is a real sign of how weak the economy has become.
Imagine being a boomer looking at your 401k right now. In some ways they’re getting what they deserve as their generation has been the primary one’s responsible for this enormous mess that we are in. I don’t feel bad for them in the least.