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Amazon stocks drop more than 10% as coronavirus fallout worsens

March 2, 2020

Via: Charged

Amazon’s stock has dropped over 10 per cent in the past fortnight as thousands of third-party sellers struggle with stock shortages.

The coronavirus’ fallout on businesses around the world is continuing to worsen while countries around the world scramble to contain its spread.

Mass quarantines at the outbreak’s epicentre in China have caused many factories responsible for producing goods for thousands of Amazon sellers to remain shut for extended periods.

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