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rs appear unfazed as the stock price remains up slightly since the sales began. On Dec. 30, Bowlero made a filing with the Securities and Exchange Commission that enables its founders and early stage investors to sell 205,321,942 shares of Class A Common Stock, as I detailed in this story. Investors didn’t panic at the prospect of those shares flooding the market, as they... subscribe to read more.
founders and early stage investors to sell 205,321,942 shares of Class A Common Stock. Investors didn’t panic at the prospect of those shares flooding the market, as they apparently realized how counterproductive that would be for the company, and the stock rose from $13.22 per share on Dec. 29 to a close Thursday of $14.27 per share. Bowlero’s stock (NYSE:BOWL) has a 52-week range... subscribe to read more.
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