VTIX is trading at $4.56 (-13.37%) as the stock faces ongoing selling pressure following recent insider activity.
- Shares previously dropped -21.26% to $5.26 on April 22 after disclosures revealed CEO Jan Roger Goetgeluk sold over 137,000 shares between April 20-21.
- The company today announced a virtual investor webinar scheduled for May 8, though this is unlikely to be the catalyst for the sharp decline.
- The continued downward pressure appears primarily driven by the significant insider sales reported yesterday.