Activist Investor ValueAct, Once Linked To Steve Ballmer's Microsoft Exit, Bought Meta, Visa, Sold Spotify In Q3: A Smart Bet? - Meta Platforms (NASDAQ:META), Amazon.com (NASDAQ:AMZN)
1. ValueAct initiated a position in AMZN, acquiring 536,900 shares. 2. Invested amount in AMZN is around $119 million. 3. ValueAct's strategies indicate potential influence on AMZN's corporate policy. 4. History shows ValueAct has successfully impacted Microsoft management decisions. 5. Market excitement around ValueAct's stake can boost AMZN's stock sentiment.