Alert! Why have Zuck META & Bezos been selling $AMZN so aggressively lately?
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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Reasons why companies buy back stock (some of them aren't good);