share_log

Institutions Just Traded Millions Worth Of Amazon, Verizon Stocks On Dark Pools: What Does It Mean?

Benzinga Real-time News ·  Jun 30, 2022 02:45

At 9:12 a.m. on Wednesday,@MelStone31posted an image to Twitter indicating institutions traded large blocks ofAmazon.com, Inc(NASDAQ:AMZN) andVerizon Communications, Inc(NYSE:VZ) shares over a dark pool exchange.

The Trades:At 7:45:51 a.m. an institution traded 135,258 shares of Amazon at $107.40. At the exact same time, another order for 249,255 Amazon shares went through at the same price. Together, the two trades amount to a $41.3-million bet on the e-commerce and streaming giant.

Also at 7:45:51 a.m., two large blocks were completed on shares of Verizon. The first trade was of 349,708 shares at $50.46 and the second...

Login or create a forever free account to read this news
Sign up/Log in
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment