The Dow Jones closed higher by around 75 points on Thursday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.
Cryptocurrency platform Coinbase Global Inc (NASDAQ: COIN) announced it received a Wells Notice from the U.S. Securities and Exchange Commission (SEC).
The Dow Jones closed lower by more than 500 points on Wednesday following Fed’s rate decision. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.
One of the banks at the center of the financial crisis of March 2023 saw several insiders sell shares before the bank had a run on withdrawals and was taken over by regulators. The CEO of that bank left his home state fairly quickly.