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Economic Times » Amazon Stock
2y ago
Amazon shares will start trading on a 20-for-1 split-adjusted basis on June 6. It is Amazon's biggest stock split till date. With this stock split, all Amazon shareholders will receive 19 more shares for each share they held on May 27 ..read more
Economic Times » Amazon Stock
2y ago
Amazon shares were up 3.1% to $126.17 in afternoon trading after the 20-for-1 split, announced earlier this year but which took effect Monday ..read more
Economic Times » Amazon Stock
2y ago
Bezos started Amazon, valued at $1.127 trillion, from his garage in Seattle ..read more
Economic Times » Amazon Stock
2y ago
Amazon's results called consumer demand into question. While online store sales dipped and the number of products it sold was flat in the first quarter, the retailer's Chief Financial Officer Brian Olsavsky said the company was pleased with the pace of shoppers' purchases ..read more
Economic Times » Amazon Stock
2y ago
The investors of Amazon.com Inc were left disappointed by the poor results. It resulted in Jeff Bezos losing $13 billion. The company had the slowest growth in sales since 2001 and slumped upwards of 8% in early trading in New York ..read more
Economic Times » Amazon Stock
2y ago
What were the main positives and negatives from Amazon's 1Q22 earnings ..read more
Economic Times » Amazon Stock
2y ago
Over the last decade, the benchmark S&P 500 is up 193 per cent, while FAANG stocks have delivered an average return of more than 1,151 per cent in the same period ..read more
Economic Times » Amazon Stock
2y ago
Over the last decade, the benchmark S&P 500 is up 193 per cent, while FAANG stocks have delivered an average return of more than 1,151 per cent in the same period ..read more
Economic Times » Amazon Stock
2y ago
The husband of a former Amazon employee has been sentenced to 26 months in prison for insider trading of its stock. Viky Bohra, 37, pleaded guilty in November 2020, admitting that between 2016 and 2018, he used inside information he obtained from his wife, then an employee in Amazon’s finance department, to place trades in Amazon stock, making a profit of $1,428,264 ..read more
Economic Times » Amazon Stock
2y ago
The husband of a former Amazon employee has been sentenced to 26 months in prison for insider trading of its stock. Viky Bohra, 37, pleaded guilty in November 2020, admitting that between 2016 and 2018, he used inside information he obtained from his wife, then an employee in Amazon’s finance department, to place trades in Amazon stock, making a profit of $1,428,264 ..read more