Insider trades, but US stocks close mixed

There were a few notable insider trades, although US stocks closed mixed on Friday.

When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. This is an opportunity to go long on the stock. Insider purchases should not be used as the only indicator for making an investment or trading decision. It can give conviction to a buying decision.

Below is a look at some recent insider purchases. What is happening with Iovance Biotherapeutics' ongoing rolling Biologics License Application BLA submission to the FDA for lifileucel is projected to be completed in the first quarter of 2023, as opposed to Q 4 FY 22 earlier in the month.

Don t forget to check out our premarket coverage here Also check this: Market Volatility Drops Further Following Upbeat Payrolls Report