Lovesac Shares Gain After CEO Ups Stake

MT Newswires Live10-16

Lovesac (LOVE) shares rose as much as 5.6% on Wednesday after Chief Executive Officer Shawn Nelson David bought 1,000 shares at a price of $14.41 per share.

According to a late Tuesday filing with the US Securities and Exchange Commission, or SEC, Nelson now owns 175,110 shares in the furniture retailer, amounting over $2.5 million.

Price: 15.10, Change: +0.39, Percent Change: +2.65

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