Amazon Stock Plunges After Insider Selling
Amazon's stock price dropped by 2.2% on Thursday after insider selling activity.
The company's CEO, Douglas J. Herrington, sold 3,741 shares of Amazon's stock at an average price of $262.76, resulting in a total value of $982,985.16.
This trade represents a 0.79% decrease in Herrington's ownership of the stock, which is now valued at approximately $122,745,180.88.