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Amazon 10% Shareholder Sells US$1.25 Billion in Common Stock
$Amazon(AMZN.US)$ 10% Shareholder BEZOS JEFFREY P sold 5.99 million shares of common stock on Nov 8, 11, 2024 at an average price of $207.7986 for a total value of $1.25 billion.Source: Announcement
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IBM (IBM.US) has made a big move by investing 0.475 billion US dollars to partner with AWS to power the future of AI with Nvidia GPUs.
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Bezos continues to reduce his shareholding in Amazon (AMZN.US), cashing out a total of 2.7 billion US dollars in November.
Amazon (AMZN.US) founder Bezos continues to reduce his shareholding in Amazon stocks. Documents show that he sold a total of $1.2 billion worth of shares last Friday (8th) and this Monday (11th), bringing his cash-out amount to $2.7 billion in November. Since July, Bezos has sold a total of $4.4 billion worth of Amazon stocks.