Monster $1.7 billion insider trading alert for Amazon stock

Shortly before Amazon (NASDAQ: AMZN) stock took a massive dive in late July and early August, which has seen its price decline by over 16% in a couple of weeks, the e-commerce and technology behemoth’s founder and executive chair Jeff Bezos cashed in on over $1.7 billion in Amazon shares.Specifically, Bezos sold $1.73 billion worth of Amazon stocks in multiple transactions in early July this year, right before AMZN shares started to decline, according to the information gathered and shared by market analyti ...