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Benzinga
Benzinga
Business
AJ Fabino

Amazon's Market Cap Bloodbath: Value Of Netflix, Paypal Combined Vanishes In A Flash

Amazon.com Inc (NASDAQ:AMZN) rebounded Friday, climbing to the $100 level — gaining back about $100 billion in market cap — after basically seeing shares fall off a cliff on the previous day. 

The e-commerce giant reported third-quarter financial results after the market close Thursday, beating on the top but missing on the bottom line.

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