Executives sell shares amid market uncertainty after Trump's tariff rollout
From Yahoo Finance: 2025-04-10 13:51:00
President Trump’s tariff rollout impacts US imports with a minimum 10% tariff. China faces a 104% tariff, prompting Beijing to raise levies to 84%. Treasury Secretary sees economy in good shape, while JPMorgan’s CEO warns of a possible recession. Bank of England cites US tariffs as a threat to global growth and inflation.
President Trump announces a three-month pause on reciprocal tariffs, excluding China. Insider trading activity in April saw executives selling shares amid market uncertainty. Joby Aviation, Inc. (JOBY) stands out as insiders sell $429,943 worth of shares at $5.98 per share, dropping 23% year-to-date.
Joby Aviation partners with Virgin Atlantic to launch air taxi service in the UK. Insiders sell $429,943 worth of JOBY shares in April, with a 23% drop year-to-date. Analysts rate JOBY as a “Moderate Buy” with a price target of $8.90, offering a 42.06% upside potential. JOBY ranks 10th in insider selling post-tariff rollout.
Read more at Yahoo Finance: Among Stocks Insiders Sold in April After Trump’s Tariff Rollout