According to a latest report, insiders Mark Zuckerberg, Oracle Corp.’s Safra Catz and JPMorgan Chase & Co.’ss Jamie Dimon offloaded shares worth billions prior to President Donald Trump‘s tariff declarations that sent shockwaves through the markets. Zuckerberg, through his Chan Zuckerberg Initiative and its associated foundation, sold 1.1 million shares valued at $733 million in Q1.
The sales took place in January and February when Meta’s stock was still trading above $600.
Since then, the share price has plummeted by 32% amid a broader market selloff, reports Bloomberg.
