Amazon's $62.05 Billion Trading Day Sees Eighth Place Ranking Amid Healthcare Restructuring
On June 13, 2025, AmazonAMZN-- (AMZN) closed with a trading volume of $62.05 billion, ranking eighth in the day's stock market activity. The stock price decreased by 0.53%.
Amazon is restructuring its health business into six new units to simplify its services and recover from recent executive departures. The company's chief medical officer, Sunita Mishra, and vice president of the healthcare unit, Aaron Martin, have both stepped down. This reorganization follows other executive departures, including Vin Gupta and Trent Green. Neil LindsayLNN--, senior vice president of Amazon Health Services, stated that these changes aim to better serve patients and accelerate innovation.
Amazon has been expanding into the healthcare industry for years, starting with the acquisition of PillPack in 2018 and the launch of Amazon Pharmacy in 2020. The company bought One Medical in 2023 to gain access to primary care clinics and a membership model. In February 2024, Amazon eliminated 115 jobs across its healthcare units, with estimates suggesting up to 400 employees could lose their jobs. The e-commerce giant has been working on an overhaul for the past several months, focusing on streamlining patient experiences and driving innovation.

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