SuRo Capital’s CEO Buys Ahead of Rumored OpenAI IPO
Insider Weekends
SuRo Capital (SSSS): $13.04
Market Cap: $331.23M
Enterprise Value: $352.34M
Introduction
Insider buying spiked significantly last week but most of the increase was related to insider buying in IPOs. We find insider buying in IPOs unusual as it is usually a liquidity event for existing investors and their decision to buy more in the IPO is notable.
Last week …
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