Amazon's stock price fell after hours as Bezos submitted an application to sell $4.07 billion worth of shares.

Amazon's stock price fell by 1.9% in after-hours trading, following Chairman Bezos's filing to sell 15 million shares, valued at $4.07 billion. The approximate sale date is August 3. After releasing a strong earnings report on July 30, Amazon's stock surged by 21% over the next two trading days.