Gainers
Digital World Acquisition Corp. (NASDAQ: DWAC) shares climbed 356.8% to close at $45.50 on Thursday following an announcement the company will merge with Trump Media & Technology Group.
HP Inc. (NYSE:HPQ) will host its 2021 Securities Analyst Meeting on Oct. 20. Join the live webcast to hear President and CEO Enrique Lores, Chief Financial Officer Marie Myers and other members of the executive team
Lenovo Group Limited (OTC: LNVGY) saw its share price drop as much as 17% in Hong Kong on Monday after the company announced that it would withdraw its RMB 10 billion (approximately $1.5 billion) application to the Shanghai Star Market.
When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.