Monday, February 12, 2024

Why is Jeff Bezos offloading Amazon shares?

 



Jeff Bezos filed a statement with federal regulators indicating his sale of nearly 12 million shares of Amazon stock worth more than $2 billion. 

The Amazon executive chairman notified the US Secrities and Exchange Commission of the sale of 11,997,698 shares of common stock on 7 and 8 February 2024. 

The reason remains a mystery, but one can guess. lol


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