Solstein Capital LLC Invests $7.24 Million in Amazon
Solstein Capital LLC has made a significant investment in Amazon.com, Inc. (NASDAQ:AMZN) by purchasing approximately $7.24 million worth of shares in the second quarter.
The fund bought 30,387 shares of Amazon's stock, which comprises about 2.4% of Solstein Capital LLC's portfolio and is its 10th biggest position.
This investment comes amidst a busy period for Amazon, with the company announcing various initiatives such as Project Mercury to expand same-day delivery and AWS making its AI-powered hiring product available.