By CCN: Billionaire Warren Buffett gave Amazon stock a jolt today after revealing that he owns AMZN shares and was “an idiot” for not investing in the e-commerce giant sooner. On May 3, Amazon closed at $1,962.46 a share, up 3.24%, on heavy volume of 6.2 million shares. Average daily trading volume is 4.17 million shares. Buffett: ‘I’ve Been an Idiot for Not Buying Sooner’ On Friday morning, Amazon stock climbed 2.5% in pre-market trading after Buffett admitted that he had underestimated billionaire Jeff Bezos and his relentless will to dominate the market. “I’ve been a fan, and I’ve been
The post Amazon Stock Jumps After ‘Idiot’ Warren Buffett Reveals Berkshire Stake appeared first on CCN
source https://www.ccn.com/amazon-stock-jumps-after-idiot-warren-buffett-reveals-berkshire-stake
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