The Dow Jones fell by around 500 points on Monday. The investors focused on some notable insider trades.
When insiders purchase or sell shares, it shows their confidence or concern about the company's prospects. It is important for investors and traders interested in penny stocks to consider this as a factor in their overall investment or trading decision.
The Trade: LiveVox Holdings, Inc. CEO John D Dilullo acquired a total of 3,082 shares at an average price of $1.97. The insider spent around $6.07 thousand to buy those shares.
Moleculin Biotech Inc. is a clinical-stage pharmaceutical company with a focus on the treatment of highly resistant cancer and viruses through the development of its drug candidates.