According to Securities and Exchange Commission filings, executives and insiders sold nearly $500 million in Peloton stock right before it crashed last November.
Peloton
Peloton Execs And Insiders Sold Off Close To $500M In Stock Before It Crashed — Must Be A Coincidence
“One of the most well-accepted facts from decades of research on insider trading is that corporate insiders buy near bottoms and sell near peaks,” said Daniel Taylor from Wharton.
Economic Left 