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This article first appeared on GuruFocus. Amazon.com Inc (NASDAQ:AMZN) shares gained 1.08% to $269.05 at 9:35 a.m. ET in early regular-session trading on November 12 as investors priced Amazon's position in Anthropic ahead of next week's IPO. Reuters valued the stake at about $271.8 billion at $78 a share against $18.0 billion invested, according to CoinCentral. Warning! GuruFocus has detected 6 Warning Signs with AMZN. Is AMZN fairly valued? Test your thesis with our free DCF calculator.AMZN GF Value chart The structure matters. Amazon faces a 12% ownership cap under its notes, so its shares arrive in stages: it will hold 1,920,511,218 Class N shares after the offering, with 1,563,617,444 more to be issued later, CoinCentral reported.
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