Alert! Why have Zuck META & Bezos been selling $AMZN so aggressively lately?

Tiger_chat
2023-11-24

Don’t know what’s going on, but Zuckerberg is selling $Meta Platforms(META)$ stocks and Bezos is selling $Amazon.com(AMZN)$ stocks.

Warrne Buffett sold out $General Motors(GM)$ , $Johnson & Johnson(JNJ)$ , $Procter & Gamble(PG)$, $Sony(SONY)$ and held the most cash in history.

The CEO of $JPMorgan Chase(JPM)$ Jamie Dimon recently planned to sell 8.6 million shares over the next year.

Jack Ma cashed out $800 million in $Alibaba(BABA)$ shares.

What will happen in 2024?

Did these big guys predict something?

Please comment!

MarkZuckerberg is selling $Meta Platforms, Inc.(META)$ shares aggressively over recent weeks ($117.5M worth, FWIW is about 3% of his estimated net worth)

ImageImage

$Amazon.com(AMZN)$ founder Jeff Bezos last week filed for his sale of 1.67M shares of $Amazon.com(AMZN)$ still holding 988.3M shares after the sale.

According to CNBC, Jeff Bezos expected to sell more $Amazon.com(AMZN)$ share worth $1B.

Some Joking comments goes like:

  • Maybe he want to buy a new yacht

  • It's expensive to support his new lifestyle.

  • These sales were contributions to non-profit organizations

ImageImage


Why so much aggressive selling?

Did these big guys predict something?

What will happen in 2024?

💰 Stocks to watch today?(21 Nov)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • linrui1
    2023-11-24
    linrui1
    Hope nothing bad coz we small investor is always the last one to know the true.
  • Ryan_Z0528
    2023-11-24
    Ryan_Z0528

    Reasons why companies buy back stock (some of them aren't good);

    ImageImage

  • Tangan
    2023-11-26
    Tangan
    Thanks
  • Tom Chow
    2023-11-26
    Tom Chow
    👍
  • YueShan
    2023-11-25
    YueShan
    Good ⭐️⭐️⭐️
Leave a comment
5
183