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Amazon CEO Jeff Bezos sold more than 500,000 shares on Thursday and Friday, raising $990 million.
The shares were in addition to the $1.8 billion worth of stock he sold earlier in the week.
It's unclear why he's selling.
But the moves come amid growing scrutiny of Amazon and follow a disappointing earnings report.
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Jeff Bezos' selling spree didn't stop at $1.8 billion.
End - Week - Amazon - Stock
By the end of last week, he'd dumped nearly a $1 billion more of his Amazon stock.
On Thursday and Friday of last week, Bezos, the CEO of the e-commerce giant, sold 531,852 shares, or about 1% of his total stake, for $990 million, according to documents he filed with the Securities and Exchange Commission. He also donated another 268 shares — worth nearly $500,000 — to an unnamed non-profit organization.
Moves - Week - Sales - Amazon - Founder
The end-of-the-week moves capped off a big week of sales for Amazon's founder. Over the first three days of last week — the last three days of July — Bezos sold 965,612 shares, garnering more than $1.8 billion. In total, he sold about 2.5% of his shares.
It's unclear why Bezos...
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