8x8 Shares Slide 25.1% Below Verma's Purchase Price
May 23, 2014 at 15:15 PM EDT
There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on November 22, 8x8 Inc.'s Chief Executive Officer, Vikram Verma, invested $237,325.00 into 25,000 shares of EGHT, for a cost per share of $9.49..