Lone Pine Capital trims Amazon.com stake by 2.4M shares

Tip Ranks
2026.05.17 03:34
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Lone Pine Capital LLC has reduced its stake in Amazon.com, Inc. by 2.4 million shares. Despite this, TipRanks’ AI Analyst rates AMZN as an Outperform, citing strong profitability and AWS/AI momentum, though recent free-cash-flow conversion is weak. The stock has a P/E of ~31.7 and no dividend yield.