With 63% ownership, Amazon.com, Inc. (NASDAQ:AMZN) boasts of strong institutional backing

By Yahoo! Finance | Nov 17, 2024 at 08:00 AM EST

Institutional investors dominate Amazon.com with a 63% ownership stake, indicating credibility and influence. While this can be positive, it also poses risks like 'crowded trades.' Jeff Bezos holds 8.7% of shares, signaling confidence in the company.

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