Ticker: AMZN

On February 16, 2024, Amazon.com, Inc. (AMZN) closed at $169.51 with bullish momentum indicated by technical indicators, positive analyst sentiment, and strong fundamental metrics, making it a Buy for investors seeking long-term growth.

Amazon.com (NASDAQ: AMZN) founder Jeff Bezos sells 12 million shares, totaling over $2 billion. Part of a larger plan to offload 50 million shares by early 2025, this move reflects a significant financial strategy shift for the tech giant's former CEO.