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Life360 Announces Stock Sales Under Rule 10b5-1 Plan

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Life360 Announces Stock Sales Under Rule 10b5-1 Plan

Life360 Shs Chess Depository Interests Repr 3 Sh ( (AU:360) ) just unveiled an update.

Life360 announced the sale of its US stock on NASDAQ under a Rule 10b5-1 trading plan, which allows for automatic stock sales based on predetermined criteria. This strategic move, authorized by CFO Russell Burke, is part of the company’s efforts to manage its equity securities while adhering to regulatory requirements, potentially impacting its market operations and investor relations.

More about Life360 Shs Chess Depository Interests Repr 3 Sh

Life360 is a leader in family safety and connection, offering a mobile app and Tile tracking devices that provide services like location sharing, safe driver reports, and crash detection with emergency dispatch. Based in San Mateo, the company serves approximately 61 million monthly active users across more than 150 countries.

YTD Price Performance: -9.23%

Average Trading Volume: 353

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.07B

For an in-depth examination of 360 stock, go to TipRanks’ Stock Analysis page.

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