Wednesday 25 March 2020
In news that should hardly surprise anyone: those in charge of the US‘ biggest companies dumped billions of dollars worth of shares on the stock market just before it crashed. Top execs of public US companies sold roughly $9.2 billion worth of shares in their own companies between the start of February and the end of last week, Wall Street Journal reports. [Read: Online marketplaces are tanking worldwide – except for Amazon] Thousands of insiders reportedly made similar moves. More than 150 executives and officers each sold at least $1 million in company stock during February and March, after selling no stock…
This story continues at The Next Web
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