Zoom execs dumped millions in company stock before shit hit the fan
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In more news that should hardly surprise anyone: Zoom Video execs made millions of dollars by dumping company stock during its recent price rallies. The firm’s founder and CEO Eric Yuan has personally sold $38 million worth of shares already in 2020. He unloaded $10.5 million in January, $12.5 million in February, and $15.5 million in March, according to related SEC filings. Zoom, the company‘s video conferencing app, has seen booming popularity since coronavirus (COVID-19) outbreaks began in January. [Read: SEC halts $ZOOM after coronavirus traders confuse it for Zoom app] Not only has usage skyrocketed, but so has Zoom‘s share…
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