How founder and CEO of Thyrocare, A Velumani Is Letting the Stock Market Mess up His Mind
In June 2000, over three weeks, the share price of Amazon crashed by 42%—from $57 to $33. In the US, stock prices are an important indicator of financial well-being of the company and its employees. Amazon’s employees were worried. Analysts started a chorus of doom, snickering that Amazon is a ‘river of no returns’, given how it was losing money and making no returns on its business...
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