Sometimes there are vendors or distribution rules that require that they don’t post discounts publicly so people can’t price match or other retailers can’t demand a discount to match.
It’s not too uncommon for PC equipment. Back when Newegg was a good company, before they were bought out over a decade ago, there would be quite a few items on there that were like this.
This is super common with niche hobby products I buy. Doesn’t make any fucking sense. Vendors will send out an email saying “hey we have a sale but we can’t tell you the dollar amount just the percentage until you put it into your cart.” I think it’s also common with some lines of luxury goods. You’ll find a few different reasons online if you Google “luxury brands hide price.”
Im proud I still never bought anything from Amazon (except indirectly their stock … which just as bad, but super hard/expensive to avoid - at last until they dont give it a dogshit ESG score).
Don’t feel bad about owning their stock, as you say they’re basically in every big ETF, and the price discovery mechanisms for ETFs are lousy anyway so you never affected their shareholder value in any case.
Yeah, its weird, I was kinda tech oriented anyway, but now just by market weight a few stocks with pretty stellar few years of growth hold kinda a lot of concentration risk. Especially funny, bcs eg nVidia isn’t as widely known relatively to how big it has gotten (market cap).
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