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Form 144 | Amazon(AMZN.US) Director Proposes to Sell 4.93 Billion in Common Stocks
SEC FILLINGS DISCLOSED/ Jul 2, $Amazon(AMZN.US)$ Director Jeffrey P. Bezos intends to sell 25 million shares of its common stock on Jul 2, with a total market value of approximately $4.93 billion.
US stocks rose slightly in early trading, with the three major indexes up. Tesla rose by nearly 4%, and the second-generation humanoid robot Optimus will make its debut for the first time. US stocks will close early today and will be closed tomorrow.
The US stock market opened mostly flat on Wednesday, with the S&P 500 index closing above 5,500 points for the first time in the previous trading day. The private sector employment in the US increased by only 150,000 in June according to ADP report, lower than expected and indicating a gradual cooling of labor demand. The US stock market will close early today and the trading volume is expected to be light.
Resona: AI promotes the accelerated development of Amazon's (AMZN.US) cloud computing business and reaffirms the "shareholding" rating.
Nomura believes that Amazon's cloud computing department is accelerating its development with the promotion of AI.
Express News | Bezos will sell 25 million shares of Amazon stocks worth $5 billion.
Bezos to Sell $4.93 Billion of Amazon Shares
09:43 AM EDT, 07/03/2024 (MT Newswires) -- Bezos to Sell $4.93 Billion of Amazon Shares Price: 199.87, Change: -0.13, Percent Change: -0.07
Express News | Jeff Bezos Files Form 144 With U.S. SEC on July 2 With Notice of Proposed Sale of 25 Mln Shares of Amazon - SEC Filing