Stanley Black & Decker, Inc. (NYSE:SWK) insiders who sold US$1.5m worth of stock earlier this year are probably glad they did so as market cap slides to US$17b
Written by Black Hot Fire Network on June 4, 2022
By selling US$1.5m worth of Stanley Black & Decker, Inc. (NYSE:SWK) stock at an average sell price of US$157 over the last year, insiders seemed to have made the most of their holdings. The company’s market cap plunged by US$589m after price dropped by 3.3% last week but insiders were able to limit their loss to an extent.
While . . .
