VTIX is trading at $5.60 (+6.46%) in pre-market, bouncing back from yesterday's -21.26% plunge that followed the disclosure of significant stock sales by the company's CEO.
- The selloff on April 22 coincided with filings that showed CEO Jan Roger Goetgeluk sold tens of thousands of shares on April 20th and 21st.
- Yesterday's drop to $5.26 is now seeing a partial recovery as some investors may see a buying opportunity or shorts cover their positions.
- The rebound comes despite broader market futures trading lower amid ongoing geopolitical tensions.