10 Stocks With $10 Billion Market Cap Down 10%


by Benzinga

Benzinga— Benzinga’s “10 Stocks With $10 Billion Market Cap Down 10%” aims to deliver investors the news surrounding hot stocks with significant price action for the week ending May 6, 2022. read more

www.marketwatch.com—Amazon's stock suffering biggest selloff in more than 10 years, is wiping out $183 billion in market cap. Shares of Amazon.com Inc. tumbled 12.5% in morning trading Friday, enough to pace the S&P 500's losers, after the ecommerce giant reported a surprise first-quarter loss and revenue that came up a bit shy. The stock, which was trading at the lowest levels seen during regular-session hours since June 2020, was on track for the biggest one-day percentage selloff since it plunged 12.7% on Oct. 26, 2011. The stock's $360.35 price decline was wiping out $183.32 billion in market capitalization,...

www.marketwatch.com—Amazon stock slumps toward a 2-year low, has wiped out $400 billion in market cap since Q1 results. Shares of Amazon.com Inc. slumped 3.3% in afternoon trading Wednesday, putting them on track to close at a more-than two-year low. The ecommerce and cloud services behemoth's stock, which is headed for the lowest close since April 9, 2020, has now tumbled 27.2% since first-quarter result were reported after the April 28 close, wiping out about $400.05 billion in market capitalization since then. Year to date, Amazon's stock has now plunged 36.9%, while the SPDR Consumer Discretionary Select...

www.marketwatch.com—Deep Dive: Warren Buffett and Berkshire Hathaway are once again outperforming the stock market. Apple is one big reason but these other 10 stocks also helped. Berkshire has had an excellent 2022, while the broader market has floundered.