Jeff Bezos Announces Intent to Sell $5 Billion Worth of Amazon Shares

Wednesday, 3 July 2024, 16:56
Jeff Bezos, CEO of Amazon, has revealed plans to sell 25 million Amazon shares worth $5 billion after the stock reached an all-time high of $200.43 during a trading session. The proposed sale signals Bezos' strategic move to capitalize on the soaring value of Amazon shares.

Jeff Bezos Announcement

Amazon's CEO, Jeff Bezos, disclosed intentions to sell $5 billion worth of Amazon shares.

Stock Performance

The stock hit a record high of $200.43 during a recent trading session.

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