Jeff Bezos is facing increasing pressure from shareholders to stop selling Amazon stock ($AMZN) at the $200 mark. Shareholders are urging Bezos to wait until the stock price reaches $220 in October to sell his remaining yearly quota. The sentiment among investors is that Bezos' sales are preventing the stock from moving higher. The hashtag #cuttheleash is being used by investors to express their frustration.
Can Bezos stop selling and let this thing fly? Asking for a friend. 🫠 $AMZN https://t.co/PDBwRGn7aT
$AMZN - it's time for Jeff Bezos to #cuttheleash so this stock can move. Who's with me? https://t.co/G6O9G3Zqmz
Message to Bezos, Get off the damn $amzn offer at $200. U can sell the rest of ur yearly quota in October around $220 instead. #cuttheleash