The notice came as Amazon shares closed at $200, the highest since the company's listing in the late 1990s.
Amazon founder Jeff Bezos disclosed in a filing that he is selling 25 million shares of the e-commerce giant, worth around $5 billion, after the company's stock hit a record high.
Amazon.com said on Wednesday it has decided to discontinue its security robot, Astro for Business, for small- and medium-sized businesses as it shifts focus to household robotics products.
Co-founder and CEO of Ark Invest, Cathie Wood, has been one of our most prolific growth stock investors. Perhaps the narrative around the best Cathie Wood stocks truly peaked during the pandemic.
Jeff Bezos filed a plan to sell 25 million Amazon shares worth nearly $5 billion on Tuesday. Bezos' move follows Amazon stock hitting a record of $200.43 and a $2 trillion market cap last week.
One of the most famous locations in the world is set to get a heaping serving of frozen hot chocolate.
Proposed sale of 25m shares disclosed in notice on Tuesday after stock hit all-time high of $200.43 during session
The Amazon founder and executive chair has filed to sell up to 25 million shares, after he dumped 50 million in February.
Jeff Bezos, the founder and former CEO of Amazon.com Inc (NASDAQ:AMZN), plans to sell shares of the company worth about $5 billion as the stock has hit an all-time high, a regulatory filing has shown. Shares of Amazon closed at a record $200 on Tuesday but pulled back about 1% to $198 in the early afternoon on Wednesday.
Astro is leaving its job to spend more time with family.
The first half of the trading year is in the books, and by all accounts, it was a resounding success. The benchmark S&P 500 index rose 15% from January through the end of June, hitting all-time highs on 31 separate occasions.
Amazon founder and executive chair 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.