The Dow Jones was up by around 100 points on Wednesday. The investors focused on some notable insider trades.
When insiders sell shares, it indicates their concern in the company's prospects or that they view the stock as overpriced. This signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. It can lend conviction to a selling decision.
Below is a look at some recent insider sales. Credit Suisse, Autodesk, and Other Big Losers From Wednesday to Wednesday:
Here is our premarket coverage here Apple Does: Apple - headquartered in Cupertino, California designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.