Jeff Bezos sells more than $2 billion in Amazon stock
Publishing timestamp: 2024-02-13 17:21:41
Summary
Jeff Bezos has sold approximately $2 billion worth of Amazon stock in recent days. These sales come after he previously disclosed a separate sale of Amazon stock worth over $2 billion. Bezos has been accelerating his share sales since he moved from Seattle to Miami. The sales were executed under a prearranged trading plan that Bezos adopted in November, and he plans to sell 50 million Amazon shares before January 31, 2025. This is not the first time Bezos has sold Amazon stock, as he also sold shares in May 2021 and gifted shares in November.
Sentiment: NEUTRAL
Tickers: AMZN,
Keywords: breaking news: technology, amazon.com inc, business news, internet, technology, jeff bezos,
Source: https://www.cnbc.com/2024/02/13/jeff-bezos-sells-more-than-2-billion-in-amazon-stock.html