TechCheck+ Amazon’s Missing Profit 3/24/23

TechCheck
24/03/2023 9 min
TechCheck+ Amazon’s Missing Profit 3/24/23

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Episode Synopsis

What happened to Amazon’s stock? It’s underperformed the S&P and its big tech peers since the start of 2020. The answer lies in what happened to its profitability during that time frame. The company grew sales, grew headcount, grew its physical footprint, and for a time, grew its share price… But profits never materialized, and investors care in 2023. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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