Amazon Files For Mixed Shelf Offering To Support Future Capital Needs
Synopsis
Amazon shares traded 8% lower on Friday morning; the company did not specify the size of the offering in its filing.
Amazon.com Inc. (AMZN) on Friday filed a new shelf registration statement with the U.S. Securities and Exchange Commission (SEC) that outlines the range of financial instruments it may offer to the public, including debt, equity, and hybrid securities to raise funds.
However, the retail giant didn’t specify the size of any offering. Amazon stock traded over 8% lower in Friday’s premarket.
Get updates to this developing story directly on Stocktwits.<
Stay updated with all the latest Business News, including market trends, Share Market News, stock updates, taxation, IPOs, banking, finance, real estate, savings, and investments. Track daily Gold Price changes, updates on DA Hike, and the latest developments on the 8th Pay Commission. Get in-depth analysis, expert opinions, and real-time updates to make informed financial decisions. Download the Asianet News Official App from the Android Play Store and iPhone App Store to stay ahead in business.