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Rush Street CFO Sells Shares, Business as Usual
Description
Rush Street Interactives CFO, Kyle Sauers, sold $653,000 worth of stock, trimming his holdings by 3.4%. Despite this, he still owns $18.15 million worth of shares. The companys revenue is $1.24 billion, net income $37 million, and stock price surged 138% in a year. Sauers sale was part of a pre-set trading plan, indicating no insider concerns. Rush Street Interactive continues to thrive in the online gaming market, with expansion plans in the U.S. and Latin America.
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