Tag: Market Capitalisation

Amazon
Amazon loses $45 bn market cap, Walmart sheds $5 bn on new FDI norms

New Delhi: As the shares of Amazon and Walmart lost 5 per cent and 2 per cent, respectively, on Friday, both the companies together lost a market capitalisation of $50 billion. The fall in stock prices can be attributed to disruption caused in their e-commerce operations in India after the new foreign direct investment (FDI) […]

  • Tuesday, 04 May 2021
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