By Reuters |
Topics Jeff Bezos Amazon | Amazon Jeff Bezos | Jeff Bezos
Amazon.com Inc Chief Executive Officer Jeff Bezos offloaded $990 million worth of shares in the company last Thursday and Friday, taking the total value of shares sold last week to $2.8 billion.
In the last three days of July, Bezos has sold stock worth about $1.
8 billion, regulatory filings here with the Securities and Exchange Commission showed. Amazon declined to comment on Bezos’ stock sale. The move comes as part of a previously announced 10b5-1 trading plan. Bezos had previously said he plans to sell stock worth.
This article is no longer available in our repository.
There could be multiple reasons for this.
You could try searching for this headline on the source website (bloomberg.com).