LM Advisors Takes $58M Bet on Amazon
LM Advisors LLC, a financial institution, has acquired a significant stake in Amazon.com, Inc. (NASDAQ: AMZN) worth $58.08 million.
The company purchased 243,364 shares of Amazon's stock, which represents approximately 6.7% of its total holdings.
This is not the only notable investment in Amazon; other large investors have also increased their stakes in the e-commerce giant.