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Jeff Bezos to sell Amazon shares worth $5 billion after stock hits record high
short by Daisy Mowke / on Wednesday, 3 July, 2024
Amazon Founder Jeff Bezos is planning to sell almost $5 billion worth of shares in the e-commerce giant, a regulatory filing showed, after its stock hit a record high. The proposed sale of 25 million shares was disclosed in a notice filed after market hours on Tuesday. The stock had hit an all-time high of $200.43 during the session.
read more at Reuters