13F Shows Soros Fund Management LLC Increased Stake in Amazon Com Inc by 280.71K Shares, or +17%, to 1.92M Shares, Valued at $107.90M
Portfolio Pulse from Benzinga Newsdesk
Soros Fund Management LLC has increased its stake in Amazon.com Inc by 280,710 shares, a 17% increase, bringing its total holdings to 1.92 million shares valued at $107.90 million.
May 15, 2024 | 9:11 pm
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Soros Fund Management LLC has increased its stake in Amazon.com Inc by 280,710 shares, a 17% increase, bringing its total holdings to 1.92 million shares valued at $107.90 million.
The increase in stake by a prominent investment firm like Soros Fund Management LLC is a positive signal to the market, indicating confidence in Amazon's future performance. This could lead to a short-term increase in Amazon's stock price as other investors may follow suit.
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