Home Tech News Zoom execs dumped $580M of stock as its share price rose 622%

Zoom execs dumped $580M of stock as its share price rose 622%

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It’s well documented that tech insiders have made veritable oceans of money in 2020, but it’s tough to find any who’ve benefitted nearly as much as Zoom’s chief Eric Yuan.

Last week, Yuan sold $69.3 million worth of company shares to bring the total sum of cash raised by Zoom insiders this year to a tendon-twisting $581.33 million  more than half a billion dollars split between just 10 execs (and one fund).