Jeff Bezos’ private life is no concern to investors

Editor | February 12, 2019 | World | No Comments

New York (CNN Business)Wall Street traders may love to gossip about merger rumors and other corporate dramas. But the private life of Amazon CEO Jeff Bezos is apparently of no concern to investors.

Experts who follow Amazon stock said they aren’t worried about the spat between Bezos and the National Enquirer, even after Bezos accused the head of AMI, the tabloid’s publisher, of an “extortion and blackmail” attempt for allegedly threatening to release compromising photos of him. AMI says it believes it acted lawfully.

Shares of Amazon (AMZN) did fall more than 2% Friday. But the entire market, including tech stocks, were lower.