I decided to sell Amazon stock after observing that Jeff Bezos, Amazon's founder, has been selling significant portions of his holdings this year, totaling over $16 billion. While Amazon's recent performance remains strong, Bezos’ sales, coupled with his shifted focus toward ventures like Blue Origin, raised concerns about his reduced direct involvement in Amazon’s future.
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.