Newsweek: Jeff Bezos May Sell up to 25M Amazon Shares
Rob Lalka, Albert Lepage Professor in Business, was quoted in a Newsweek story about Amazon's disclosure that founder Jeff Bezos could sell up to 25 million shares of the company in the next year. Amazon recently walked back a plan to show the cost of tariffs next to prices on its Amazon Haul site after pressure from the White House.
There's a reason why the Trump administration responded the way it did to the Amazon speculation, explains Rob Lalka, a professor of business at Tulane University's Freeman School—noting that such quick and harsh words from the White House signals concern about companies "redirecting customer frustration."
To read the story in its entirety, visit newsweek.com:
https://www.newsweek.com/jeff-bezos-selling-amazon-stock-25-million-shares-2067319
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