Meta COO Javier Olivan offloads portion of his holdings at $245,578; stock down 13% over costly AI bet

3 weeks ago 10

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1 min read 25 Apr 2024, 09:37 PM IST Trade Now

Nikita Prasad

Meta's apical enforcement offloaded 490 shares of Class A Common Stock astatine a terms of $501.18 per share, totaling implicit $245,578.

 A sheet  astatine  Meta AI Day successful  London earlier this month. (AP)Premium Meta banal plunged aft spending forecast. In Picture: A sheet astatine Meta AI Day successful London earlier this month. (AP)

Meta's Chief Operating Officer (COO) Javier Olivan has sold a information of his holdings successful the company, according to caller regulatory filings by the societal media elephantine to the US banal exchanges. The enforcement offloaded 490 shares of Class A Common Stock astatine a terms of $501.18 per share, totaling implicit $245,578.

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Published: 25 Apr 2024, 09:37 PM IST

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