Billionaire George Soros just loaded up on these two beaten-down growth stocks

  • Date: 23-May-2022
  • Source: Yahoo News
  • Sector:Economy
  • Country:Middle East
  • Who else needs to know?

Billionaire George Soros just loaded up on these two beaten-down growth stocks

When investing legend George Soros makes a move, the market takes notice. And he has definitely made some eye-opening moves of late.

According to the latest 13F filing from Soros Fund Management, the billionaire financier’s family office sold 3,680 shares of Amazon (AMZN) in Q1 of 2022, reducing his stake in the e-commerce giant by 5%.

At the same time, the fund slashed its positions in food service company Aramark (ARMK) by 33%.