13F Shows Tiger Global Management Increased Stake in Amazon Com Inc from 4.88M To 6.3M
Portfolio Pulse from Benzinga Newsdesk
Tiger Global Management has increased its stake in Amazon.com Inc. from 4.88 million shares to 6.3 million shares, as revealed in their latest 13F filing.
May 15, 2024 | 6:28 pm
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Tiger Global Management has increased its stake in Amazon.com Inc. from 4.88 million shares to 6.3 million shares, indicating strong confidence in the company's future performance.
The increase in stake by a major investment firm like Tiger Global Management is a strong positive signal for Amazon's stock. It indicates confidence in the company's future performance, which is likely to attract more investors and drive the stock price up in the short term.
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