{"id":829387,"date":"2024-07-04T10:33:14","date_gmt":"2024-07-04T05:03:14","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=829387"},"modified":"2024-07-04T10:33:14","modified_gmt":"2024-07-04T05:03:14","slug":"jeff-bezos-to-sell-5-billion-amazon-shares-as-stock-hits-record-high","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/04\/jeff-bezos-to-sell-5-billion-amazon-shares-as-stock-hits-record-high\/","title":{"rendered":"Jeff Bezos to sell $5 billion Amazon shares as stock hits record high"},"content":{"rendered":"<p>Amazon founder Jeff Bezos is planning to sell almost $5 billion worth of shares in the e-commerce giant, a regulatory filing showed. This comes as the stock hit a record high of $200.43 during the session. The proposed sale of 25 million shares was disclosed in a notice filed after market hours.<\/p>\n<p>Following the sale, Jeff Bezos would own about 912 million Amazon shares or 8.8% of the outstanding stock. In February this year, Jeff Bezos also sold shares worth roughly $8.5 billion after the stock rallied 80% in 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amazon founder Jeff Bezos is planning to sell almost $5 billion worth of shares in the e-commerce giant, a regulatory filing showed. This comes as the stock hit a record high of $200.43 during the session. The proposed sale of 25 million shares was disclosed in a notice filed after market hours. Following the sale, Jeff Bezos would own about 912 million Amazon shares or 8.8% of the outstanding stock. In February this year, Jeff Bezos also sold shares worth roughly $8.5 billion after the stock rallied 80% in 2023.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15,51,4],"tags":[],"class_list":["post-829387","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-it-2-hindustantimes","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/829387","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=829387"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/829387\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=829387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=829387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=829387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}