Amazon’s Bezos, Other Corporate Executives Sold Shares Just in Time

Amazon’s Bezos, Other Corporate Executives Sold Shares Just in Time
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With the pandemic bearing down on the market, sales by insiders spared them $1.9 billion in paper losses, a Journal analysis shows

Top executives at U.S.-traded companies sold a total of roughly $9.2 billion in shares of their own companies between the start of February and the end of last week, a Wall Street Journal analysis shows.

The selling saved the executives—including many in the financial industry—potential losses totaling $1.9 billion, according to the analysis, as the S&P 500 stock index plunged about 30% from its peak on Feb. 19 through the close of trading March 20.

Source: Wall Street Journal

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