Amazon Stock Jumps After ‘Idiot’ Warren Buffett Reveals Berkshire Stake

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. As of this writing, Amazon stock was trading at $1,961, up 3.19%, on above-average volume of 4.85 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 told CNBC yesterday that he had underestimated billionaire Jeff Bezos and his…

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