2 Stocks Insiders Have Been Buying During the Coronavirus Market Crash
The stock market is taking a beating from the coronavirus disease 2019 (COVID-19) pandemic, which promises to significantly hurt the U.S. and world economies.
As of Monday, the S&P 500 index had dropped 33.9% since February 19, when it reached an all-time high.
Insiders in many companies have been furiously dumping stock. That said, some insiders have been buying shares during the market sell-off. This can be a quite bullish sign, as there's generally only one reason insiders buy shares of their companies: They expect the price to rise.
Source Fool.com