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Twitter Execs Ditch Stock-Dropping Practice

  • Fortune, Thursday, April 23, 2015 11:56 AM
Facing widespread criticism for the practice, Twitter’s top executives are no longer selling company stock at regular intervals, Fortune reports. “The move came after Twitter came under heavy criticism -- particularly from CNBC’s Jim Cramer -- for insider share sales that arguably were depressing the company’s stock price,” it writes. “The original plan was a so-called 10b5-1.”

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