Amazon tumbles 8.5% in premarket after posting first loss in 7 years (insider@insider.com (Insider Inc.)/Insider: Tech)

insider@insider.com (Insider Inc.) / Insider: Tech
Amazon tumbles 8.5% in premarket after posting first loss in 7 years – Amazons bottom line was hit hard by a $7.6 billion drop in the value of its stake in electric-car maker Rivian. Amazon dropped more than 8% in premarket trading, after the tech giant slid to its first loss in seven years in the first quarter. The e-commerce giant was down …

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