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Similar thing happened with Amazon and their investment in Rivian. Q4 last year was like a 10b gain and then by q1 of 2022 it was a loss.
by makestuff 4y ago
Similar thing happened with Amazon and their investment in Rivian. Q4 last year was like a 10b gain and then by q1 of 2022 it was a loss.
- jlmorton 4y agoThey did indeed write down their investment in Rivian, but they still made a healthy 3x gain, just not 30x.