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News  ›  The Motley Fool

Nuvation Bio Chief Scientist Sells 100,000 Shares Under Trading Plan — Here's What to Know About the Stock

The Motley Fool Logo The Motley Fool By Jonathan Ponciano
Nuvation Bio Chief Scientist Sells 100,000 Shares Under Trading Plan — Here's What to Know About the Stock

Gary Hattersley, chief scientific officer at Nuvation Bio, exercised and sold 100,000 shares under a pre-planned trading strategy, reducing his direct stock ownership to zero while retaining 298,935 stock options.

Insights
USAS   positive

Currently the only US antimony producer, reporting strong antimony and copper production, with potential for future growth


NUVB   neutral

The stock has performed well (136% increase in past year) but remains below 2021 highs. The insider sale appears to be part of routine financial planning rather than a negative signal about the company's prospects.