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EndOfLine , 3 months ago Reddit CEO Steve Huffman sold 500,000 shares on Monday at an average $32.30 On Monday the 25th, Reddit shares were trading between ~$49 and ~$59. The stock has not yet dropped below the initial price of $34. Can somebody explain why these shares may have been sold below market value?
Reddit CEO Steve Huffman sold 500,000 shares on Monday at an average $32.30
On Monday the 25th, Reddit shares were trading between ~$49 and ~$59. The stock has not yet dropped below the initial price of $34.
Can somebody explain why these shares may have been sold below market value?