Westpac Banking Corp Loads Up on Amazon with $50 Million Bet
Westpac Banking Corp has made headlines for its significant investment in Amazon.com, Inc. (NASDAQ: AMZN).
In a recent SEC filing, it was revealed that Westpac bought a new stake in shares of Amazon during the second quarter.
The firm purchased 213,619 shares of the e-commerce giant's stock, valued at approximately $50.91 million.