Bezos Expected to Sell Amazon Shares
UPDATE TO ARTICLE: 11 February 2024
LupoToro Group sources claim that former Amazon CEO and founder Jeff Bezos is expecting to sell a large portion of his privately held Amazon stock in the coming days to weeks, however before the end of February 2024, in order to fund private investment opportunities, separate to Amazon.
Whilst currently no outcomes of this leak have been publicly noted, it would be prudent to ensure that should any larger-scale listing for sale of stocks for Amazon, or any likewise placed company, is well insulated.
It is not expected to be a majority listing for sale, but a sufficiently large amount which may risk shifting the stock price temporarily.