Pfizer ceo sell actions same day vaccine trial reports good results!

[jalimon]

Pfizer's CEO sold $5.6 million in stock the day he announced promising vaccine news

Pfizer CEO Albert Bourla filed to sell millions of dollars of his company's stock Monday -- the day the pharmaceutical giant announced positive data about its coronavirus vaccine.

www.cnn.com

That’s weird! That’s suspicious!

 

[Valcazar]

It is from the headline. But a few paragraphs down we get this

"The transaction was part of a regularly scheduled plan set up by Bourla to periodically sell some of his Pfizer shares."

That's pretty common and implies nothing weird is going on, it is just fluky timing.

 

[superstar_88]

Or he timed the announcement of test results.

 

[Valcazar]

Or he timed the announcement of test results.

That's fair.
Worth looking into, I'd say.