A single Donald Trump tweet just lost Amazon $6 billion in value

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Donald Trump knocked $6 billion off of Amazon before most of the country was awake.

In a tweet sent at 6:12 a.m. EST, Trump claimed Amazon was “doing great damage to tax paying retailers,” resulting in the loss of jobs.

Amazon is doing great damage to tax paying retailers. Towns, cities and states throughout the U.S. are being hurt – many jobs being lost!

— Donald J. Trump (@realDonaldTrump) August 16, 2017

That immediately sent Amazon shares down sharply, resulting in a decline of around $6 billion of the company’s market capitalization in a matter of minutes. Read more…

More about Amazon, Jeff Bezos, Donald Trump, Business, and Big Tech Companies
Source: mashable.com

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