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The last time Amazon experienced a significant decline was in 2000 when it dropped 80%, those who bought during that trough did well. Currently, Amazon is down about 50% for the year, raising the question of whether it has finished dropping. CNBC articles suggest Amazon has returned to pandemic lows of $84 per share, now trading at $85.14. Despite being a juggernaut with $500 billion in revenue annually, Amazon is at its lowest point in years, a unique situation for such a well-established company.