General Catalyst Invests $925K in Amazon Amid Ongoing Market Volatility
General Catalyst Group Management LLC has invested $925,000 in Amazon.com, Inc. (NASDAQ:AMZN) by acquiring 3,882 shares of its stock during the second quarter.
The investment represents approximately 0.5% of General Catalyst Group Management LLC's portfolio and makes it the company's 10th largest holding.
This is not an isolated incident, as other hedge funds and institutional investors have also recently modified their holdings in Amazon.com, with some increasing their stakes significantly.