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Ga. Sen. Perdue boosts wealth with well-timed stock trades - Black News Channel

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By BRIAN SLODYSKO and RICHARD LARDNER Associated Press WASHINGTON (AP) — As the ravages of the novel coronavirus forced millions of people out of work, shuttered businesses and shrank the value of retirement accounts, the Dow Jones Industrial Average plunged to a three-year low. But for Sen. David Perdue, a Georgia Republican, the crisis last March signaled something else: a stock buying opportunity. And for the second time in less than two months, Perdue's timing was impeccable. He avoided a sharp loss and reaped a stunning gain by selling and then buying the same stock: Cardlytics, an Atlanta-based financial technology […]

The post Ga. Sen. Perdue boosts wealth with well-timed stock trades appeared first on Black News Channel.

Source: Black News Channel - Black News Channel

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