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Global-E CEO Sells Million in Stock | Business and Finance News
Description
COO of Global-E just cashed out a whopping $1 million in stock—his biggest sale yet—but still owns nearly 4 million shares and over a million options. While the move drew attention, it’s part of a steady pattern since mid-May and represents less than 1% of his holdings, showing he’s still deeply invested. Meanwhile, Global-E is flying high: 40% jump in gross merchandise volume, 33% revenue growth, and soaring profits. Management is thrilled, saying they’re ahead of long-term goals. For investors, this isn’t a red flag—it’s a green light.
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