Why Did Jeff Bezos Dump $1.8 Billion in Amazon Stock Recently?

Why Did Jeff Bezos Dump $1.8 Billion in Amazon Stock Recently?

Amazon CEO Jeff Bezos offloaded approximately 960,000 shares of Amazon stock, each worth around $1,900.00 according to the most recent company regulatory filings. CNN Business reported that Bezos typically sells $1 Billion in stock annually to help fund his space venture, Blue Origin: “Bezos has lofty expectations for Blue Origin. He unveiled a new rocket engine and a mockup of a…