Powerlaw Corp (NASDAQ:PWRL – Get Free Report) CIO Benjamin David Black acquired 6,500 shares of the stock in a transaction on Monday, June 22nd. The stock was purchased at an average cost of $15.47 per share, with a total value of $100,555.00. Following the transaction, the executive directly owned 445,978 shares of the company’s stock, valued at $6,899,279.66. This represents a 1.48% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Powerlaw Trading Down 5.5%
Shares of PWRL traded down $0.82 during mid-day trading on Tuesday, reaching $14.20. 281,869 shares of the stock traded hands, compared to its average volume of 422,248. Powerlaw Corp has a 12-month low of $13.85 and a 12-month high of $40.00.
Further Reading
- Five stocks we like better than Powerlaw
- Oracle’s Sell-Off Looks More Like a Mispricing Than a Warning
- Apple’s Intel Deal Arrives at the Right Time for Its Stock
- Liquid Gold: The AI Cooling Retrofit Trade
- 3 Dividend Stocks Under $30 to Anchor Your Portfolio
Receive News & Ratings for Powerlaw Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Powerlaw and related companies with MarketBeat.com's FREE daily email newsletter.
