Stock Track02-26 16:39
ValueMax Group's stock fell 3.23% during intraday trading on Thursday, following news of significant insider selling.
The decline came after the company announced that its Executive Chairman and other parties undertook the sale of an aggregate 34.8 million shares at S$1.16 per share. Such large-scale insider selling often signals potential concerns to investors, leading to negative market sentiment and selling pressure.
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