share_log

Did Nancy Pelosi Miss A Trick By Selling Tesla Ahead Of Breakout? EV Maker's Stock Up 35% Since Congresswoman's Trade

Benzinga ·  18:05

Former House SpeakerNancy Pelosi(D-Calif.) disclosed in a filing with Congress last week that she sold 2,500Tesla, Inc.(NASDAQ:TSLA) shares on June 24 and the value of the transaction was indicated as $250,001-$500,000.

Pelosi, whose trades invariably come under the scanner due to the insider information she is privy to due to her membership in House committees, may not have been so successful with her Tesla trade this time around.

What Happened:Pelosi's disposal of Tesla on June 24 may have fetched her $456,450, assuming it was sold at $182.58 apiece, which happens to the session's closing price. It is...

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment