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AMZN
New York Post
49 days

Jeff Bezos unloads over 3M Amazon shares worth $737M in June

1. Jeff Bezos sold 3.3 million AMZN shares for $736.7 million. 2. The sale occurred after a 10b5-1 trading plan was adopted. 3. Bezos now owns around 905 million shares post-sale. 4. This is part of a larger trend, with $5 billion sold last year. 5. Bezos' recent marriage might impact public sentiment but not stock fundamentals.

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FAQ

Why Neutral?

The share sale is planned and does not indicate a loss of confidence. Past sales by Bezos have not led to significant stock declines.

How important is it?

While share sales can create uncertainty, they are often part of personal financial planning. This planned sale is less worrisome for investors.

Why Short Term?

Sell-off news can temporarily influence stock price but is unlikely to have lasting effects.

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