It would be an understatement to say that 2022 has not been kind to Amazon (NASDAQ: AMZN) investors, who have watched the e-commerce giant's stock lose almost 50% of its value. 

In fact, after its big run-up during the onset of the pandemic, Amazon stock has been a bit of a bummer to own, first going nowhere in 2021 and then collapsing this year. As a result, it has become the first company ever to lose $1 trillion in market valuation. 

So does that signal a buying opportunity for investors, or do they face even more pain in the future? Here's what investors need to know about this undoubtedly unique situation. 

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Source Fool.com