Everyday Health Lockup Expiration: A Fresh Opportunity For Short Sellers!
Expiration day: Sep 24, 2014.
September 24 concludes the 180 day lockup period on EVDY; this will give EVDY's pre-IPO shareholders, executives and directors the chance to sell their 22.5 million shares.
The sudden increase in shares available for public trading could lead to a significant decrease in the price of EVDY shares.
The firm's significant venture capital backing and tech-oriented approach indicate further likelihood of declining prices.
Expiration day: Sep 24, 2014.
September 24 concludes the 180 day lockup period on EVDY; this will give EVDY's pre-IPO shareholders, executives and directors the chance to sell their 22.5 million shares.
The sudden increase in shares available for public trading could lead to a significant decrease in the price of EVDY shares.
The firm's significant venture capital backing and tech-oriented approach indicate further likelihood of declining prices.