Great.
So. Much. Winning.
From Reuters:
Shares of Amazon.com Inc (AMZN.O) fell 6 percent on Monday after U.S. President Donald Trump again attacked the online retailer over the pricing of its deliveries through the United States Postal Service and promised unspecified changes.
“Only fools, or worse, are saying that our money losing Post Office makes money with Amazon,” Trump tweeted.
“They lose a fortune, and this will be changed. Also, our fully tax paying retailers are closing stores all over the country...not a level playing field!”
Shares of the company were down 5.9 percent at $1,362.48, wiping out nearly $45 billion from its market value.
Of course, you know Jeff Bezos, the CEO of Amazon, also owns The Washington Post which Donald Trump hates for their reporting.
Here are the tweets from the weekend and this morning that caused the crash:
Only fools, or worse, are saying that our money losing Post Office makes money with Amazon. THEY LOSE A FORTUNE, and this will be changed. Also, our fully tax paying retailers are closing stores all over the country...not a level playing field!— Donald J. Trump (@realDonaldTrump) April 2, 2018
While we are on the subject, it is reported that the U.S. Post Office will lose $1.50 on average for each package it delivers for Amazon. That amounts to Billions of Dollars. The Failing N.Y. Times reports that “the size of the company’s lobbying staff has ballooned,” and that...— Donald J. Trump (@realDonaldTrump) March 31, 2018
On the stock market, @realDonaldTrump and Amazon — @crampell says this is personal: https://t.co/GcZTQkpFNf #CNN— Brooke Baldwin (@BrookeBCNN) April 2, 2018
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