Jeff Bezos took good decision for shares

Jeff Bezos took good decision for shares

From the end of February, stock exchanges around the world began to fall due to fear of the effects of the corona crisis. COVID-19 become pandemic and death tool rise heavily in Italy, Spain and even USA also. Hundreds of billions of dollars were burned within a few hours – even tech stocks like those of Amazon or Apple lost massive amounts of their value . At the beginning of February, shortly before the stock markets – before the later slump – reached a new high, Bezos had silvered some of its Amazon shares. The Amazon founder sold a total of $ 3.4 billion in stock, the Guardian reports . He saved himself from greater losses by selling a big chunk of his Amazon shares in February. He could predict well in time to effect of coronavirus which is still a crisis.