Opinion: Block trade bonanza or bubble fit to burst?
Corporate shareholders are slashing their holdings in other companies via block trades and secondary equity offerings. Such sales would normally be telling signs of a bull market reaching its peak, but there's a lot of money still seeking a home in the region, writes Chris Wright.
An old adage from investment bankers who’ve been around a while is that when big shareholders start cashing out of company stakes via block trades it’s time to head for the exits.
And the block trades have been piling up for months now.
It started with a slew of
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