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A US$60m drop in the market cap of Pulse Biosciences, Inc. (NASDAQ:PLSE) is not what insiders like to see after purchasing shares recently

By Yahoo! Finance   |   Jun 21, 2024 at 09:38 AM EST
A US$60m drop in the market cap of Pulse Biosciences, Inc. (NASDAQ:PLSE) is not what insiders like to see after purchasing shares recently

Insiders own 70% of Pulse Biosciences, showing a strong vested interest in the company's growth. Institutional investors hold a significant portion of the stock, adding credibility. While insider ownership can be positive, it may hinder accountability for other shareholders.

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