Top story from the previous week at Amigobulls was the insider trading at Angies List (ANGI). We believe insider trading is a very important and significant signal of where a company is headed. The internal members at Angie’s including the CXO’s and directors have been consistently selling Angies List stocks, offloading a total of over 219000 ANGI shares between them over the last 4 months. If you had missed our coverage of the internal trades at Angie’s you can read the story in our article titled Angie’s insider trading. The Angie stock has fallen by over 10% in the last three months with a fall of close to 7% in the week ending August 23, 2013.
Check Angie’s latest stock price movement.
Source: Angie's List stock chart by Amigobulls
Yahoo (YHOO), had been a constant appearance in the news over the last week. The appointment of Maynard Webb as the Chairman of the board was followed by the closure of Yahoo! email services in China with the company transferring all its Chinese email subscribers to Alimail, the email service of Alibaba, in which Yahoo holds a 30% stake.
Check Yahoo’s latest stock price movement in our Yahoo stock chart.
Source: Yahoo stock chart by Amigobulls
Other stock market updates:
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