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Business, 12.08.2020 05:01 innocentman69

A family member of a HighGene Pharmaceuticals executive strangely sells all of her shares at the market price in day 1. Without the existence of any news (including the sale) that can affect the stock price in between, the stock trades at a similar price until day 10 when the news arrives that the company’s only product was not approved by the FDA. The stock price drops to as the information is revealed to investors.

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