Bezos Sold $3Mln Amazon: More Pain to Come or Chance to Add?
A regulatory filing on Tuesday revealed that Amazon founder Jeff Bezos sold nearly 3 million shares of Amazon stock over two days in July, worth $665.8 million.
The stock sale is part of a previously announced plan under which Bezos intends to sell up to 25 million Amazon shares by May 2026.
Sales during the first four hours of Amazon Prime Day dropped 14% year-over-year.
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Will you add Amazon at $200?