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Amazon.com investors are currently enduring a brutal selloff, the likes of which haven’t been seen since the company was still primarily known for selling books and CDs.
Shares of Amazon
AMZN officially recorded their ninth consecutive day of losses on Friday, closing at $198.79. The stock is down 18.2% over this period, which marks the longest losing streak for Amazon’s stock since July 2006, according to Dow Jones Market Data.
