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Thursday, March 26, 2020

Jeff Bezos, Larry Fink, and other top US execs dodged $1.9 billion in losses by selling their own stock as the coronavirus outbreak worsened


https://www.google.com/amp/s/markets.businessinsider.com/amp/news/bezos-fink-executives-sell-stock-coronavirus-outbreak-market-economy-lows-2020-3-1029027510

  • Top executives sold a total of $9.2 billion in their firms' stock before markets hit fresh lows on March 20, The Wall Street Journal reported Tuesday.
  • The sales made between February 1 and March 19 led corporate leaders to avoid potential losses totaling $1.9 billion, according to The Journal's analysis. Markets tanked through late February and March as coronavirus risks weighed on investors' nerves.

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