Jeff Bezos sells 50M shares of Amazon stock: what is the impact of his stake?

Jeff Bezos capped off several weeks of offloading Amazon stock with a fourth round of sales disclosed to the Securities and Exchange Commission (SEC) on Tuesday. In the most recent sale, the Amazon founder shed 14 million shares from his stake in the e-commerce company over two days at the end of last week and one day early this week, the SEC filing showed. They amounted to nearly $2.37 billion.His prior rounds of sales amounted to nearly 36 million Amazon shares overall. Those shares, which were sold in in ...