Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Here's Why NerdWallet Stock Popped Today

TheMotleyFool

0 0

Here's Why NerdWallet Stock Popped Today: https://g.foolcdn.com/editorial/images/747684/happy-businessperson-at-their-computer.jpg

Shares of NerdWallet (NASDAQ: NRDS) popped on Thursday after investors found out that its CEO had purchased shares. As of 2:50 p.m. ET, NerdWallet stock was up almost 12%.

It hasn't been an easy year for NerdWallet shareholders with the stock down year to date and down 57% from its 2023 high. However, the market is suddenly feeling more optimistic. That's because CEO Tim Chen purchased 30,588 shares of NerdWallet earlier this week.

According to yesterday's filing with the Securities and Exchange Commission (SEC), Chen purchased nearly 24,000 shares on Monday and over 6,000 shares on Tuesday for an average price per share of $8.40 and $8.21, respectively.

Source Fool.com

Like: 0

NRDS

Share