$(BABA)$ was at $275 and then crossed $300 two weeks later. Since then, it has lost $450 billion in market cap. I don't think any stock has ever shed so much in market cap in history.
$(TSLA)$ came close in spring when it went from $900 to $550. But that was still a $300 billion drawdown and pales in comparison to what
$(BABA)$ has shed in the course of a year.
If anyone knows of a stock that has shed more in market cap, let me know.
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