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Out-of-patience investors sell off Amazon E-mail
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News - St Augustine Area & St Johns County
NEW YORK — Amazon has long acted like an ideal customer on its own website: A freewheeling big spender with no worries about balancing a checkbook. Investors confident in founder and CEO Jeff Bezos’ invest-and-expand strategy flooded into the stock as the company revolutionized shopping, upended the book industry and took on the cloud — even though its vast range of initiatives ate up all the company’s profits. read more

Read entire article: Out-of-patience investors sell off Amazon



 
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