(Sharecast News) - Micro Focus slumped on Monday as it emerged that chairman Kevin Loosemore sold 650,000 shares in the business last week, pocketing £11.6m.
Loosemore sold 214,658 shares in the software company last Wednesday at 1,861p peach. The day after, he sold a further 435,342 shares at 1,736p each.
At 0955 BST, the stock was down 5% at 1,676.20p.
3 Mar 2021 08:16
Micro Focus surges after signing commercial agreement with AWS
(Sharecast News) - Micro Focus shares surged on Wednesday after the software company said it had signed a commercial agreement with Amazon Web Services.
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