the S&P 500's biggest fallers Inc

Among the S&P 500’s biggest falls is Inc Inc, an American multinational technology company, is one of the world’s highest-grossing online retailers. The giant company has $281 billion in net sales, and nearly $365 billion in estimated physical/digital GMV (gross merchandise volume) in 2019

However, On September 23, one of the S&P 500’s biggest fallers was Inc. Its stock decreased by 4.13% and settled a $2,999.86 with 5.59 million shares changing hands.

The company started at an opening price of $3,120.43 and reached a high and low of $3,127 and $2,992.38, respectively. The stock finished the day at $129.13 per share. Trades an average of n/a shares a day reached 500.89 million shares outstanding. Meanwhile, the current moving averages are a 50-day SMA of $n/a and a 200-day SMA of $n/a. The multinational technology reached a high of $3,552.25 and a low of $1,626.04 over the last year.

The company’s online product and digital media sales accounted for 50% of net revenue in 2019. Amazon Web Services’ cloud computing, storage, database, and other offerings were 13% of net income, while commissions, related fulfillment and shipping fees, and other seller services were 19%. Prime membership fees and other subscription-based services were 7% of net revenue in 2019, and product sales at Whole Foods and other physical store retail formats were 6%. Also, advertising services and co-branded credit cards were 5% of net revenue. Inc. employs 798,000 workers

Significantly, International segments reached 27% of the company’s non-AWS sales in 2019, led by  Japan, Germany, and the United Kingdom., which headquarters located in Seattle, WA, Inc. employs 798,000 workers. After the trading of September 23, the company’s market cap has dropped to $1502.6 billion.

The Dow Jones Industrial Average is made up of just 30 stocks to the S&P 500’s 500, and it uses an unreliable and outdated price-weighting system where the S&P 500 relies on a market cap in weighting its returns. This is why its long-term returns are a much more reliable gauge for large- and mega-cap stocks’ performance over time.

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