Omada Health (NASDAQ: OMDA) shares gapped up pre-market but then traded down, despite positive analyst ratings. The company’s stock opened at $12.05 after closing at $11.33, but then fell to $10.92, representing a 5.3% decrease. Insiders, including CEO Sean P. Duffy, have been selling significant amounts of stock, while institutional investors have been modifying their holdings.
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Omada Health (NASDAQ:OMDA) Shares Gap Up - Here's Why
Omada Health (NASDAQ: OMDA) shares gapped up pre-market but then traded down, despite positive analyst ratings. The company’s stock opened at $12.05 after closing at $11.33, but then fell to $10.92, representing a 5.3% decrease. Insiders, including CEO Sean P. Duffy, have been selling significant amounts of stock, while institutional investors have been modifying their holdings.