Amazon Battered by Underwhelming Investment Decisions

Amazon Battered by Underwhelming Investment Decisions
The Amazon logo at the company's logistics centre in Boves, France on Oct. 6, 2021. Pascal Rossignol/Reuters
Petr Svab
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News Analysis

Amazon, the world’s largest online retailer outside China, has reported subpar financial results as well as significant layoffs. Its stock is down almost 50 percent over the past 12 months. A look under the hood of the trillion-dollar behemoth reveals a series of investment decisions that haven’t quite panned out.

Petr Svab
Petr Svab
reporter
Petr Svab is a reporter covering New York. Previously, he covered national topics including politics, economy, education, and law enforcement.
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