Bel Fuse CFO Sells Shares, Stock Drops 4.4%

Bel Fuses shares plummeted by 4.4% following CFO Lynn Katherine Hutkins sale of 5,000 shares, totaling over $848,000. Investors concerns about the companys future may have contributed to the drop, but Bel Fuses shares are known for volatility. Despite todays dip, the companys shares are up over 65% this year, trading at $146.43 per share, near its 52-week high.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.