Chicago Entrepreneurs Profit from Major IG Stock Sale

Reported about 1 month ago

Tom Sosnoff and Scott Sheridan, co-founders of Tastytrade Inc., sold approximately £65 million ($86 million) in shares of IG Group Holdings Plc in a significant transaction, marking the first major selloff since the acquisition of their options-trading business by IG three years ago. The sale, which involved 6.5 million shares, occurred after IG's stock reached a record high, causing a slight dip on the following day.

Source: YAHOO

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