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US tech execs have dumped $3.6 billion in company stock this month

Stock markets are floundering in the wake of the coronavirus (COVID-19) pandemic, and while many are stuck assessing its long-term effects — loads of tech executives have dumped their shares for major profit. In fact, insiders at US tech companies — from fintech to cloud services — collectively unloaded at...
Stock markets are floundering in the wake of the coronavirus (COVID-19) pandemic, and while many are stuck assessing its long-term effects — loads of tech executives have dumped their shares for major profit. In fact, insiders at US tech companies — from fintech to cloud services — collectively unloaded at least $3.6 billion worth of company shares in May, with chief executives from major players like Facebook, General Electric, Cloudflare, and Activision all selling small fortunes worth of stock. [Read: Bezos and Zuckerberg worth $60B more in two months, thanks to COVID-19] To digest the loin-thumping wealth generated by stock sales in just the last month,… This story continues at The Next Web
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