United States
Hide

Should you sell a stock if the CEO is?

New York (CNN Business)If the CEO or board member of a company is selling stock, should I do so too?Not necessarily. Sure, insider selling — i.e. when a top executive, board member or big shareholder sells stock — doesn't sound good. Why would someone dump shares unless there was some bad news on the horizon?More Wealth Coach Submit your investing questions hereSelling in May and going away is a silly thing to doIs it safe to own Chinese stocks during a trade war?Don't buy an IPO on its first dayThat's why shares of companies that have significant insiders sell their stock typically fall on the news. In just the past few weeks for example, Papa John's (PZZA) fell after founder and former CEO John Schnatter sold a big chunk of stock, whi ...
Top
Bottom