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Home›US Markets›Equities›Bezos files to sell $4 billion in Amazon as shares slip

Bezos files to sell $4 billion in Amazon as shares slip

The sale filing follows Amazon hitting an all-time high on Monday after last week's quarterly results extended the stock rally.

Reported · Written up by our desk · Equities

CNBC reports that Jeff Bezos filed paperwork to sell $4 billion worth of Amazon shares.

The filing comes after Amazon climbed to an all-time high on Monday, extending gains that were sparked by last week's quarterly results, according to CNBC.

Following the disclosure, Amazon shares fell, reversing some of the momentum from the post-earnings run-up.

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Sources

CNBC MarketsJeff Bezos just filed to sell $4 billion in Amazon. The shares are falling
CNBC WorldJeff Bezos just filed to sell $4 billion in Amazon. The shares are falling
CNBC FinanceJeff Bezos just filed to sell $4 billion in Amazon. The shares are falling
CNBC FinanceJeff Bezos just filed to sell $4 billion in Amazon. The shares are falling

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