Mmbg Investment Advisors CO. Takes Large Stake in Amazon.com
Mmbg Investment Advisors CO. took a new stake in Amazon.com, Inc., purchasing 399,306 shares valued at approximately $95,171,000.
This investment makes up 7.5% of Mmbg's holdings and is its third-largest holding.
The e-commerce giant reported quarterly earnings on July 30th, topping estimates with $5.75 EPS and a 19.6% revenue increase to $200.61 billion.