Blue Duck Capital voices concerns about Amazon.com’s ‘lackluster performance’

Blue Duck Capital, a long/short equity investment manager focused on thematic opportunities within Technology, Media, Telecom, Consumer, and Industrial sectors and long-term shareholder of Amazon common stock, issued an open letter to the Amazon Board of Directors voicing concerns about the lackluster performance of the company’s stock. In the letter, Blue Duck outlines a number of initiatives it believes management can undertake to remedy the underperformance, including: Initiate a formal and significant capital return program to match the Company’s market cap, free cash flow and capital reserves. Improve on inefficient business execution across AWS and retail businesses. Provide more transparency around substantial projected A.I. Investment. Leverage Whole Foods’ leading market position to better capitalize on growing national health food movement. Refocus Amazon Studios, Wondery and all related media verticals to realign capital spend with viewership to avoid further talent and content missteps.