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)

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$Amazon.com(AMZN)$ 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

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Why so much aggressive selling?

Did these big guys predict something?

What will happen in 2024?

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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 ⭐️⭐️⭐️
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