Does Amazon have too much money?

Therefore, Amazon could buy Macy’s (NYSE: M); America’s largest department store operator for cash and have over $50 billion left. Mr. Market gave Macy’s a $5.016 billion Market Capitalization on 10 February 2020.

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Is Amazon too Big?

Under these circumstances, Amazon could buy both Macy’s and Kroger and still have nearly $20 billion in the bank. To explain, Mr. Market gave Macy’s a market capitalization of $4.61 billion on 26 August 2019. Plus Kroger had a Market cap of $18.46 billion on the same day.

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