AMZN is the poster child for this. In the dotcom bubble it lost 90%. It lost big chunks of value multiple times, because the value was all based on future potential rather than profits.
The potential was realized, the system made sense and kept growing.
AMZN is the poster child for this. In the dotcom bubble it lost...
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 (20min delay)
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Last
4.1¢ |
Change
-0.001(2.38%) |
Mkt cap ! $30.46M | |||
| Open | High | Low | Value | Volume |
| 4.2¢ | 4.3¢ | 4.1¢ | $20.44K | 492.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 452175 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 70000 | 2 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
4.1¢ |
Change
-0.001 ( 2.38 %) |
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| Open | High | Low | Volume | ||
| 4.1¢ | 4.1¢ | 4.1¢ | 144736 | ||
| Last updated 14.14pm 26/04/2024 ? | |||||
| 3DP (ASX) Chart |