Quote:
Originally Posted by lamboguy
the CEO of Chewy Pet Company sold $8 million of his stock at an average price of $54 per share. since he unloaded, the stock has dropped to $26.
does anyone think he knew it was going to tank? i saw his sales, hate the company, and never pulled the trigger because i didn't see enough other sellers. it sounds like he kept the info all to his greedy self!
|
It had already come down from $120 in 12 months by the time he sold it.
I'd hardly call a CEO selling a stock that went from 120 to 54 news. That it went to 26 afterward is just proof that it was a COVID stock. It's right back to where it was pre COVID
