Militia Capital Management Doubles Down on Amazon with $12.7 Million Stake

A recent SEC filing reveals that Militia Capital Management LLC acquired a new position in Amazon.com, Inc. (NASDAQ:AMZN) during the first quarter.

The firm purchased approximately $12.7 million worth of shares, with its holdings now accounting for about 2.8% of Militia Capital's investment portfolio.

This is not an isolated incident, as other institutional investors and hedge funds have also been increasing their stakes in Amazon.com.