Amazon stock

Amazon stock has dropped over $100 per share since they announced raising wages to $15 per hour. Since they have almost 500 million shares outstanding that means a loss of $50 billion dollars in less than a month. This represents the tension between stockholders and employees. If the stock comes back in the next few months it means just a temporary set back but if it stays down or continues to decline it will cause other companies to keep wages low. If Amazon had raised prices to cover this loss the damage to stock would likely have been less dramatic. If Amazon customers had to pay more they wouldn't like it but it is not likely they would go somewhere else as there is a loyalty to the brand much like Apple. Companies will be raising prices to keep stock values up and investors happy.