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The last time Amazon experienced a decline like this was in 2000, dropping 80. Currently, the stock is down about 50 on the year, prompting questions about whether it is done dropping. CNBC articles note that Amazon has returned to lows seen during the pandemic, trading around $85.14 after dipping below $84. Despite its established status as a company generating $500 billion in revenue annually, Amazon is now trading at its lowest point in years.