When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.
Midway through trading Tuesday, the Dow traded down 0.88% to 34,827.81 while the NASDAQ fell 0.78% to 15,659.31. The S&P also fell, dropping 0.3832% to 4,616.53.
On CNBC’s "Mad Money Lightning Round," Jim Cramer said with Matterport, Inc. (NASDAQ: MTTR) already moving too much, "I’m going to have to take a big pass."
Chegg Inc’s (NYSE:CHGG) board of directors authorized proposed accelerated share repurchase (ASR) transaction to repurchase $300 million of common stock. The…
Chegg, Inc. (NYSE:CHGG) today announced that its board of directors authorized Chegg to enter into a proposed accelerated share repurchase ("ASR") transaction to repurchase $300 million of Chegg's
Chegg Inc (NYSE: CHGG) shares are trading higher amid a slight rebound after the stock fell sharply on Monday following worse-than-expected third-quarter sales and soft guidance.