Samsara Inc. shares fall 9.99% premarket after insider sells $5.2M in stock.
ByAinvest
Friday, Dec 6, 2024 5:05 am ET1min read
IOT--
Samsara Inc. fell 9.99% in premarket trading, with investors reacting negatively to the company's insider selling shares worth $518,617, according to a regulatory filing. While Samsara reported strong growth across various markets and industries in its quarterly results, the sell-off suggests that investors are concerned about the potential impact of insider selling on the company's stock price.
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