Tidewater shares are trading lower after President and CEO Quintin Kneen sold roughly $38.51 million shares of the stock.
Portfolio Pulse from Benzinga Newsdesk
Tidewater shares are trading lower after President and CEO Quintin Kneen sold roughly $38.51 million worth of shares.
June 14, 2024 | 3:31 pm
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NEGATIVE IMPACT
Tidewater shares are experiencing a decline following the sale of $38.51 million worth of shares by President and CEO Quintin Kneen.
The sale of a significant amount of shares by the company's top executive can be perceived negatively by investors, leading to a decline in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100